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Firstly it is necessary to create Finance Charge Termcharge term and assigned it to all relevant customers.

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  • Automatically - by batch from Finance Charged Memo menu Process - Create Finance Charge Memo - typically use this to generating finance charge memos for all customers

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Please, see the Exampleexample.

You can also use Reminders reminders and charge the interest in reminders.

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Create Finance Charge Memo for overdue invoices of customer Adatum Corporation to 31.7.2021

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Follow up:

How to set up posting

How to create reminder in general

How to create reminder in detail