Late Payment Fees
Automatically penalize overdue payments to encourage on-time billing
Reduce late payments by configuring an automatic late fee that gets added to a member's invoice after a set grace period. Choose between a flat dollar amount or a percentage of the bill.
Late Fee Setup:
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Settings → Payments → Enable "Late Payment Fee"
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Choose type:
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FIXED AMOUNT - Flat late penalty (i.e. $10 late fee)
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PERCENTAGE - Variable portion of bill (i.e. 5% of invoice)
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Set the number of days overdue before the fee is applied
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Input Amount
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Save Settings
Examples:
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Fixed — $10 fee after 5 days overdue Payment fails → 5-day grace period → $10 added to invoice subtotal
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Percentage — 5% fee after 5 days overdue $50 payment fails → 5-day grace period → $52.50 invoice subtotal