Auto Charge Penalty or Interest to customers on their due invoices

Choose Penalty or Interest charge on Due Invoices. Enable penalty or interest on due invoice from here,
Invoicing/Accounting >> Configurations>>Settings >> Penalty on Due Invoices

Choose Penalty or Interest charge on Due Invoices.

Auto added new product for penalty and interest charge with service type

Added cron job to trigger auto charged on due invoice, you can change internval time of cron according to you needs.

Go through Settings >> Technical >> Automation >> Scheduled Actions >> Due invoice charges

Can apply charges in two ways.

• Penalty
• Interest

• Fixed amount
• In percentage

• Allow # of days after due

Note :-If you choose Interest option than it will allow you to add interest percentage Annualy.

New Invoice created for the interest of due invoice.

Invoice for the interest of next month due invoice will added.

Choose Penalty and Fixed amount.

New Invoice created for the penalty of due invoice.

Choose Penalty and Percentage.

New Invoice created for the penalty of due invoice.