I've got all the steps to help you create a late fee invoice in QuickBooks Online (QBO), David.
It's good news for you because QuickBooks has a feature that automatically calculates late fees on overdue invoices. Once set up, the condition will be applied to future invoices that become overdue and exceed the grace period. They will have an additional late fee item, and their balances will be updated. Here's how to enable the feature:
Learn more about applying late fees to overdue invoices automatically in QuickBooks Online.
Moreover, if you'd like to manually create and charge a fee to a customer, you can manually create an item for the late fees and add it to the invoice. Here's how:
Once done, you can now create a new invoice with a new number and select the late fee. For reference, check out this article: Manually add service fees to invoices in QuickBooks Online.
Additionally, here's an article to learn how to accept electronic customer payments for online invoices and in-person sales.: Take And Process Payments In QuickBooks Online With QuickBooks Payments.
Let me know how I can help you handle late fees further so we can make the most of the feature. Just leave your reply below and I'll be sure to get back.
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