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