Even the most reliable Clients can sometimes forget about the occasional Invoice. You can give them a nudge in the right direction to get those outstanding Invoices paid. This is where Late Payment Reminders and Late Fees come in:
- Invoice Reminders lets you gently (or harshly!) remind them about unpaid Invoices without lifting a finger.
- Late Fees also allows you to automatically charge a percentage or flat fee to your Invoices that age past a set deadline to encourage your Clients to pay on time.
Both these are available on all of our paid pro plans, and you can check out our blog post on these features here. There are also two areas within FreshBooks you can enable both reminders and fees:
Option 1: Client Profile
When you're creating a new Client, or editing an existing Client, you have the option to enable Late Payment Reminders and Late Fees from the Client Settings:
Option 2: Invoice Settings
When you're creating a new Invoice, you can also enable or disable Late Payment Reminders and Late Fees. A Client will need to be selected for the Invoice, and then you'll see the following:
Late Payment Reminders
You're able to send up to three Late Payment Reminders. These reminders can be sent at customizable intervals, x-number of days after the Invoice Due Date:
Clicking on the icon with three circles and lines will give you the option to enter a personal message to your Client.
Late Payment Fees
When it comes to Late Fees, you're able to either add a Percentage of the Invoice value, or a Flat Fee, x-number of days after the Due Date. You also have the option to apply Taxes to the Late Fee if necessary.