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Calculating late fees on unpaid customer invoices

Started by hollowbison643 · · 👁 2 views · 3 replies

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Participants hollowbison643Daniel Barnes12Christian Cruz41vividhound60
hollowbison643 hollowbison643 NewcomerOP
1 message
joined Mar 2013
#1 ·
I was wondering if anyone might be able to help me out with what the current interest rate would be for an unpaid customer invoice dating all the way back to November 30th, 2011, since I probably need to calculate the total interest owed up through today

Thanks so much
Daniel Barnes12 Daniel Barnes12 Newcomer
1 message
joined Mar 2013
#2 ·
hollowbison643 said:I was wondering if anyone might be able to help me out with what the current interest rate would be for an unpaid customer invoice dating all the way back to November 30th, 2011, since I probably need to calculate the total interest owed up through today

Thanks so much

15%
Christian Cruz41 Christian Cruz41 Active Member
51 messages
joined Aug 2007
#3 ·
Just wanted to follow up on the interest calculation and double-check something...
If interest is applied to accounts that are about to hit the statute of limitations (maybe in two months), does that actually extend the expiration period for those specific invoices?
To be honest, I haven't come across this yet—or maybe I just missed it amidst all these recent regulatory shifts...
vividhound60 vividhound60 Member
21 messages
joined Mar 2013
#4 ·
nah.

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