Learn how to add and automate late fees and interest in Xero for overdue invoices with this step-by-step guide.
Setting up automated late fees in Xero or QuickBooks Online ensures customers pay on time, improving your cash flow and reducing outstanding balances.
In this video, you'll learn:
How to set up late fees in Xero (or QuickBooks Online).
How to automatically add interest to overdue invoices.
Best practices for enforcing late payment policies.