Late Fee

You can set up a Late Fee to be added automatically when a client misses a payment deadline.

How It Works:

• When a client doesn’t pay by the due date, the system will add a late fee to their invoice.
• You decide how much to charge and when to start charging.

Settings You Can Configure:

1. Late Fee Amount
   • Set a fixed amount (e.g., ₹100)
   • You can choose to charge a late fee for each day the payment is delayed — up to a maximum amount.
   • Or set a percentage of plan Amount (e.g., 5%)

• The late fee is levied at night on the due date.
• This means clients have until the end of the due date to make the payment and avoid the fee.