Interest on Overdue Invoice in Odooby BrowseInfo https://www.browseinfo.com
• Sales (sale_management)
|Lines of code||225|
|License||See License tab|
|Also available in version||v 8.0 v 9.0 v 10.0 v 11.0 v 16.0 v 12.0 v 15.0 v 14.0|
Interest/Penalty on Overdue Invoice Odoo Apps
This Odoo apps is helps to calculate daily,monthly or yearly Interest Penalty on Overdue Invoices based on payment term configuration.Payment term is something that accountant emphasis on most , delay payment can cost as late payment fee , so when payment get over due , interest needs to be charges in order to get payment sooner, this odoo module does perfect job this payment over due method , automatically calculate interest on overdue payments this odoo apps apply financial charges on overdue invoices. When your invoice is validated and overdue than everyday/monthly it automatically updates the interest/penalty of invoice based on interest rate assinged on payment terms configuration.calculation of invoice will be done based on invoice due date.
The Interest will be calculated on the draft invoice only.
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Automatic interest calculation.User can calculate the interest on invoice based on the payment term(monthly or daily).
Schedular for automatic calculation.Activate schedular for automatic interest calcultion.
Dynamic interest calculation.User can calculate interest with two configuration i.e., monthly and daily.
Reset button in the invoice.Officer get the facility of reset the interest in the invoice.
Set Payment Term
This is the details example for monthly payment term.
This is the details example for daily payment term.
User with officer rights configuration
This is the user with sales officer rights. User with this rights can reset the details of interest rate.
Montly interest example for the officer
Daily interest example for the officer
User without officer rights configuration
User with no sale office right will not able to see reset button in the invoice.
Warning on updating montly invoice twice or more a month.
Warning on updating daily invoice twice or more a day.
After validate invoice user can only see update button.
As the invoice moved to the open state user can only able to see update button,reset button will become invisible.
Here you can get updated value of interest and amount.
You can also enable this automatic script for automatic interest updation.
You will get 90 Days free support incase any bugs or issue (Except data recovery).
At BrowseInfo we offer end to end solution for Odoo services. Which includes analysis & consultation on the workflows and integration part. Please note that You're not allowed to distribute this module after purchase! Incase of any question regarding this module feel free to email us on email@example.com or raise a ticket on support.
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