Interest on Overdue Invoice in Odoo
by BROWSEINFO https://www.browseinfo.com/demo-request?app=interest_on_overdue_invoice&version=18&edition=Community$ 112.46
Availability |
Odoo Online
Odoo.sh
On Premise
|
Odoo Apps Dependencies |
•
Invoicing (account)
• Sales (sale_management) • Discuss (mail) |
Lines of code | 324 |
Technical Name |
interest_on_overdue_invoice |
License | OPL-1 |
Website | https://www.browseinfo.com/demo-request?app=interest_on_overdue_invoice&version=16&edition=Community |
Versions | 8.0 9.0 10.0 11.0 12.0 13.0 14.0 15.0 16.0 17.0 18.0 |
Availability |
Odoo Online
Odoo.sh
On Premise
|
Odoo Apps Dependencies |
•
Invoicing (account)
• Sales (sale_management) • Discuss (mail) |
Lines of code | 324 |
Technical Name |
interest_on_overdue_invoice |
License | OPL-1 |
Website | https://www.browseinfo.com/demo-request?app=interest_on_overdue_invoice&version=16&edition=Community |
Versions | 8.0 9.0 10.0 11.0 12.0 13.0 14.0 15.0 16.0 17.0 18.0 |









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 assigned 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.


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 calculation.

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.
Monthly 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.
Warnings
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.

Version :
16.0.0.0
28 October 2022
Initial release of the app.
Version :
16.0.0.4
12 March 2024
Added features to filter customer.
Can I Use this module with Odoo Online ?
Do I got free support when I buy an App ?
Do I have to buy module for each version ?
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The module I bought doesn't work, What should I do ?

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Odoo Proprietary License v1.0 This software and associated files (the "Software") may only be used (executed, modified, executed after modifications) if you have purchased a valid license from the authors, typically via Odoo Apps, or if you have received a written agreement from the authors of the Software (see the COPYRIGHT file). You may develop Odoo modules that use the Software as a library (typically by depending on it, importing it and using its resources), but without copying any source code or material from the Software. You may distribute those modules under the license of your choice, provided that this license is compatible with the terms of the Odoo Proprietary License (For example: LGPL, MIT, or proprietary licenses similar to this one). It is forbidden to publish, distribute, sublicense, or sell copies of the Software or modified copies of the Software. The above copyright notice and this permission notice must be included in all copies or substantial portions of the Software. THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.
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If we dont make the payment on the due date to vendor it should add penalty of few %
Re: If we dont make the payment on the due date to vendor it should add penalty of few %
Hello Sir,
You can request a demo at sales@browseinfo.in sir.
Our team will provide you demo and solve all your query points sir.
Regards
Is it also available on overdue vendor bills?