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I have the information on how to apply late fees on invoices older than 60 days on the account in QuickBooks Online (QBO), abrackin. Let's work side-by-side to streamline your workflow.
Since the grace period in QuickBooks Online is only 30 days, I recommend sending feedback to our Product Engineers. This way, they can review your suggestion and consider adding it in future updates.
Here's how:
In the meantime, I suggest manually adding late fees to the invoices that are more than 60 days old in your account. First, you'll need to create a service item called "Late fee" to add as a line item to the invoices.
Here's how:
Now, let's add the created service item to your invoices. Here's how to do it:
Addtionally, you can visit this article for detailed information about manually adding late fees as a line item in QBO: Apply late fees to overdue invoices automatically in QuickBooks Online.
Your ideas and input are appreciated, abrackin. We value your initiative in bringing these concerns to us. If you have other invoice concerns or any related QuickBooks tasks, comment below. Our dedicated team is readily available to provide assistance and support whenever needed. We are committed to ensuring a smooth and seamless QuickBooks experience for all.
Thank you so much for your reply. That will work, except we close our books each month, so I will need to create a new invoice of just the late fees. I will submit the request to the development team. Thanks again.
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