I suggest you ...

Automatic Late Fee's and/or Finance Charges

EVERYONE wants / needs this. Why is this not done yet... Also make it so we don't need to interact with it. Its so much easier just being able to tell a customer "Well, the computer did it." It would also help remove favoritism. I have a tendency to overlook some accounts for the people that I like.

2,165 votes
Vote
Sign in
Check!
(thinking…)
Reset
or sign in with
  • facebook
  • google
    Password icon
    Signed in as (Sign out)
    You have left! (?) (thinking…)
    Anonymous shared this idea  ·   ·  Flag idea as inappropriate…  ·  Admin →

    277 comments

    Sign in
    Check!
    (thinking…)
    Reset
    or sign in with
    • facebook
    • google
      Password icon
      Signed in as (Sign out)
      Submitting...
      • Warren Wilson commented  ·   ·  Flag as inappropriate

        I definitely agree with this concept, It is causing our company a problem. that we never had before and it would be nice to have it the way it was in the desktop version

      • Patrick Fabian commented  ·   ·  Flag as inappropriate

        agreed! I am not sure why they are so reluctant to introduce this feature when I'm there are so many people that are requesting it

      • Anonymous commented  ·   ·  Flag as inappropriate

        The ability to automatically charge interest to overdue accounts / invoices on the online version of QuickBooks.

      • erica commented  ·   ·  Flag as inappropriate

        HI,

        We really need an automatic "late fee" /"finance Charge" for overdue bills.

        also: A line total, for the number of items sold/quantity.

        Thank you !!!!

      • Emily commented  ·   ·  Flag as inappropriate

        Please add a finance charge on invoices option! This is important for my clients who own businesses and need to keep up with their invoicing

      • Eugene commented  ·   ·  Flag as inappropriate

        Please create the option to automatically add late fees to existing recurring invoices.

        This would work by letting me setup a late fee schedule (for example, if invoice is unpaid after 30 days, add x% of balance or a flat fee to next invoice )

        I see many users giving this feedback but there are always very few votes (I vote for them!) and not well explained. Hopefully we can come together and all vote for this one so it rises to the top of QuickBooks priority list.

      • james galvin commented  ·   ·  Flag as inappropriate

        Finance charges need to be able to be assessed. it is completely ridiculous that this function is not included in your soft ware. you cannot expect someone to scroll through over 1000 invoices and manually figure the charges.

        IF this is not updated i will be taking my business elsewhere.

      • Anonymous commented  ·   ·  Flag as inappropriate

        Finance Charges!!! Having to figure finance charges is such a pain! Please let this feature be the next one you add!! This will save so much time!! Thanks!!

      • accounts commented  ·   ·  Flag as inappropriate

        We need the option to add an interest rate to overdue invoices of our choosing. I would love to be able to have the automatic creation of a 2% interest on some of our accounts over our Net 30 day terms. Some of our customers have worked out agreements with us to not be charged the 2% interest, so I would like to be able to choose which invoices will or will not be subject to 2% interest on overdue invoices.

      • Eric Wagner commented  ·   ·  Flag as inappropriate

        Hello,

        I've been trying to figure out how to add an automatic late fee to my overdue invoices. After some research, I see other people want the same thing, but QBO does not offer it at this time.

        Can the developers PLEASE come up with a way to add automatic late fees once the terms (such as NET 30) are reached?

        There would also need to be a place at the bottom of the invoice where it says the terms and what the late fees are.

        Thanks!
        Eric

      • Anonymous commented  ·   ·  Flag as inappropriate

        It would REALLY great to have a feature to automatically charge a late fee for unpaid invoices. I know that you can manually do this, but we have 100+ unpaid invoices currently and so adding late fees would be time consuming and inconsistent. There should be a way to add a penalty and have the system keep track of it.

      QuickBooks Online Feature Requests: Billing

      Feedback and Knowledge Base