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.
Getting started
Get started by selecting a package that suits your business.
