Features of the Advanced late payment interest calculator

Easy calculation interface

Partial calculation results

Set up your company address details   

Autofill debtor details from the address book

Input debtor purchase order, job description & invoice Numbers

Detailed breakdown of calculation results

Add a time limited discount to promote prompt payment

Calculate retrospective claims going back 6 years

Recalculate partial payments

Allowance for non payment of interest & compensation

Unpaid and part paid invoices re-calculate interest every day

Auto generated late payment claim for email or print

Auto generated Partial payment letter for email or print

Auto generated letter for retrospective claim for email or print

Auto generated final payment letter for email or print

All calculations are saved to the history list

View all calculations in history by date or by debtor

Edit and save calculations from history

Control debt status (unpaid / paid)

For the debtor

Debtor can login to view the claim details and creditor details

Debtor can choose payment method & see final amount owed

Debtor can email the creditor to inform of payment

Work in progress

Calculate multiple debts from same debtor

Choose compensation method. Batch all claims and charge 1 claim for compensation. Batch certain invoices together and add one claim. Add compensation to each invoice