Adding Interest to an Overdue Invoice
RishiR
Member Posts: 2
Hi,
The WAVE app has made a lot of recording for my small business very manageable.
However, with overdue payments I find it gets a bit tricky.
For example I have an invoice that is overdue. I added the interest due, to the original invoice but saving it would overwrite the original invoice.
Should I replicate the original invoice and then add the interest? If I do this when payment is made how it be recorded?
Thanks.
0
Comments
Hey @RishiR , can I ask your reasoning to keep the original invoice in tact without the interest added to it? Most of our users will add a new line item called "interest" or something of the sort so it's incredibly clear where the amount is coming from. This way, you also have the rest of the invoice amount remaining.