I love the new Late Fee Feature! Can the Grace Period be set to any time period I would like rather than having only a set of choices in the Pull Down menu?

I don't have it. How do you know you have it? Did you get an email or what?

@whisperinghillsh, here's the article on the new feature:

https://quickbooks.intuit.com/community/Account-management/Setting-up-and-applying-automatic-late-fe...

Thanks but I had read through that and didn't find a way to set the Grace period to something longer than 30 days.  The 30 day selection is the maximum period in the Grace Period pull-down menu.  I was hoping that there was a way to enter any number of days that you would like to have for the Grade Period rather than be limited by the selections in that pull-down menu.

Any update on this feature becoming available?  It would be great to have the Grace Period for late fees function the same as the reminder period for past due invoices, where any integer number (or 1-365) is allowed to be entered.

Hello there, @Mark_N.

I see the benefit of adding the Grace period for late fees beyond 30 days is helpful for tracking. However, we can't provide the estimated time of implementation of this suggestion for now.

I encourage you to send a suggestion by clicking on the Gear icon and choosing Feedback. This way, they can track the users who want to have this feature and may include it in future enhancements.

I'll be around if you have any questions or concerns with any QuickBooks processes. Let me know in the comment section and I'd be happy to answer them. Take care and enjoy the rest of your day.