Late Payment Interest Invoice Template. Late payment letter template and easy step-by-step guide to help with late payment invoice wording and sending a late payment letter to your customer! Here at Chaser, chasing up payment is our speciality.
Charge interest on late payments: Just as you're privy to interest charges on late business credit card payments, your clients can also be Clearly indicate the terms of your interest charges directly on your invoice. State the due date on the invoice along with the interest rate charged on late payments. Just click on the download link below to access it.
Late payment letter template and easy step-by-step guide to help with late payment invoice wording and sending a late payment letter to your customer!
Because most often than not, when you do not get your bills on time, the result would be late.
Remember, when calculating the interest on late payment you're only charging for the number of days that the payment is past due. If you're not sure how much to charge for late payments, first read up on best practices. An invoice is practically considered as a type of business document that states an incurred debt.