Assessing finance charges is part of your usual A/R workflow in QuickBooks Desktop. To see the complete list of workflows and other customer-related transactions, refer to Accounts Receivable workflows in QuickBooks Desktop
You assess finance charges if you collect late fees or interest on unpaid balances. Learn how to assess finance charges in QuickBooks Desktop, and how to prevent a finance charge from being assessed on an invoice.
Before you start assessing finance charges, you need to set up your Finance Charge Preferences.
There are two methods available if you want an invoice to be excluded from a customer balance when assessing finance charges.
Option 1: Create a job that's excluded from finance charges
Option 2: Create a second Accounts Receivable that you can exclude from finance charges