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How to repeat or compound late fees

Best practices, and how it works.

Denym avatar
Written by Denym
Updated over 2 years ago

If you would like your late fees to compound, based on a number of days, do this:

> Go to Policies tab

> Select Repeat Late Fee

> Select the number of days you want to repeat the late fee for.

> Select Save

This will compound the late fee every X number of days you set.

Important note: The original fee itself, will not be compounded, only the principal amount of the overdue invoice.

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