My company's contracts state that if a customer is "x" amount of days late on
payment there is an "a" charge and if they are late past "y" amount of days
for payment there is a "b" charge. As a courtesy to them, we always included
that on the invoice. (Think of a utility bill that lets you know what your
late charges added to the regular charges will be if you pay late) Currently
the accounting system does not allow you to let a client know what the late
fees are before hand unless you edit the word template and add those fields
in and then manually enter them every time OR I have to just go ahead and
apply the charge. Many companies charge late fees to discourage tardy
payments... I just think it would be useful

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What accounting system? MS Office suites don't have "an accounting
system", only applications.

Antje Hobbs wrote:

> My company's contracts state that if a customer is "x" amount of days late on
> payment there is an "a" charge and if they are late past "y" amount of days
> for payment there is a "b" charge. As a courtesy to them, we always included
> that on the invoice. (Think of a utility bill that lets you know what your
> late charges added to the regular charges will be if you pay late) Currently
> the accounting system does not allow you to let a client know what the late
> fees are before hand unless you edit the word template and add those fields
> in and then manually enter them every time OR I have to just go ahead and
> apply the charge. Many companies charge late fees to discourage tardy
> payments... I just think it would be useful
>
> ----------------
> This post is a suggestion for Microsoft, and Microsoft responds to the
> suggestions with the most votes. To vote for this suggestion, click the "I
> Agree" button in the message pane. If you do not see the button, follow this
> link to open the suggestion in the Microsoft Web-based Newsreader and then
> click "I Agree" in the message pane.
>
> http://www.microsoft.com/office/comm...ic.office.misc