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EasyInterest

By EasyInterest
5 out of 5 stars
Free 30 day trial available
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Is your business struggling to get paid on time? EasyInterest can help you speed up your cash flow by calculating and applying interest to late payments in a few quick steps.
Rated
5.0
out of 5
Reviewed by
1
Xero user
Try this app
Free 30 day
trial available
Listed for
1 month
April 2025

Overview

It's fair to say that late payments are a 'touchy' subject for any business, but allowing it to go unnoticed can lead to bigger troubles. You need a simple solution to calculate interest and apply it to your outstanding balances, and then communicate to your customers accordingly. Read more about the features Easy Interest can offer you.

EasyInterest + Xero

Streamline Finances and manage overdue customer accounts with EasyInterest for Xero Accounting.

EasyInterest syncs your outstanding invoices from Xero and replicates the aged receivables report in a dashboard. The system then calculates interest/late fees based on the outstanding invoices and the parameters you choose. You have the option to apply the interest calculated or discard it. When applying the interest, the system will create a new invoice in Xero against a customer's account. You also have the option to refund all interest that has previously applied. This will create a credit note in Xero and apply it to the relevant invoice.

Reviews & ratings

5.0 out of 5 stars
1 Reviews

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Most recent reviews

NS
Neall Siems
Posted 8 May 2025
5 out of 5 stars

Great app!

This app has automated and simplified our process of adding interest to our overdue accounts. I would definitely recommend it.

Additional info

Shared data

Xero
EasyInterest
Credit Notesshared from EasyInterest to Xero
Invoicesshared from Xero to EasyInterest and from EasyInterest to Xero
Accountsshared from Xero to EasyInterest and from EasyInterest to Xero
Usersshared from Xero to EasyInterest
Contactsshared from Xero to EasyInterest

Functions

Debtor trackingAccountant tools

Industries

Accounting

App details

By EasyInterest
Added in 2025

Countries

Australia, Canada, Global, Hong Kong, Indonesia, Ireland, Malaysia, New Zealand, Philippines, Singapore, South Africa, United Kingdom, United States

Languages

English

Support

Setup walkthroughContact supportsupport@easyinterest.co.za

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30 day free trial available

Although Xero reviews each app in the Xero App Store, we can’t give any guarantees. It’s up to you to assess the performance, quality and suitability of any app before going ahead.