Set up Interest Charges for Late Customer Payments

Before you can perform this task

To set up Sage Simply Accounting to track interest charges on customer late payments:

1. In the Home window on the Setup menu, choose Settings.
2. Click on Customers and Sales, and then Options.
3. Select the Interest Charges check box.
4. Enter a number in the percentage and days boxes.
5. Click OK.

What would you like to do?

Add or change early-payment terms for customers

Charge interest on overdue customer invoices