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Interest for Overdue Invoice

by
Odoo
v 19.0 Third Party 586
Download for v 19.0 Deploy on Odoo.sh
Availability
Odoo Online
Odoo.sh
On Premise
Odoo Apps Dependencies • Invoicing (account)
• Discuss (mail)
Lines of code 258
Technical Name account_interest_on_overdue_invoice
LicenseLGPL-3
Websitehttps://www.cybrosys.com
Versions 15.0 16.0 17.0 18.0 19.0
You bought this module and need support? Click here!
Availability
Odoo Online
Odoo.sh
On Premise
Odoo Apps Dependencies • Invoicing (account)
• Discuss (mail)
Lines of code 258
Technical Name account_interest_on_overdue_invoice
LicenseLGPL-3
Websitehttps://www.cybrosys.com
Versions 15.0 16.0 17.0 18.0 19.0
Supports:
Community
Enterprise
Availability:
Odoo Online
Odoo.sh
On Premise

Interest for Overdue Invoice

A Module For Interest for Overdue Invoice Calculation while Creating Invoice.

Teams +91 9074270811

Key Highlights

Easy to Calculate Interest for Overdue Invoices

This module will manage journal items while you calculate Interest in overdue invoice.

Interest Can be Calculated for Different Period.

Also, Interest can be calculated for different period ratios (daily, weekly and monthly).

Compatibility

Designed to work with both Odoo Community and Enterprise editions.

Configuration

Enable the checkbox in payment term configuration to get the Interest calculation in Overdue invoices for the selected payment term. And set the values required for interest calculation, and the account for interest jornal entries can be changed from here. This is the details example for immediate payment term with daily period based interest.

Set Payment Terms

After the payment configuration we can use that payment term in invoice creation. Also set the invoice details ,use the update interest button to calculate.

Interest Amount In Line

Here you can get updated value of interest and amount.

Invoices

The interest details are included in new invoices.

Automatic Interest Update

You can also enable this automatic script for automatic interest update.

Warning on Updating Invoice Twice

Warning on updating invoice twice or more in a selected interest period.

Our Features

01

Easy to Calculate Interest for Overdue Invoices

02

Available in Odoo 19.0 Community, Enterprise and Odoo.sh

02

Simple and less time-consuming.

Frequently Asked Questions

The module automatically calculates interest on overdue invoices during invoice creation, helping businesses manage late payments and improve cash flow.

Yes, you can set and customize the interest rate based on your business policies, allowing for different rates for various customers or invoice types.

Yes, the module can include the calculated interest in the invoice total, providing a clear breakdown of the amount owed by the customer, including any late fees.

Latest Releases

Latest Release 19.0.1.0.0
Add
24th March, 2026
Initial Commit

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