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What is Interest Invoice and how it can be created?

Answers were Sorted based on User's Feedback



What is Interest Invoice and how it can be created?..

Answer / sathish kumar

Created automatically by payables, for the amount of
interest calculated on the overdue amount of an oirginal
invoice, for the overdue period. these types of invoice
cannot be manuaaly created.

Is This Answer Correct ?    14 Yes 0 No

What is Interest Invoice and how it can be created?..

Answer / nisha

In an invoice we provide for due date of payment and if
that day passes we can provide interest on the same.
It depends on the clients requirement whethere client wants
that functionality or not.It has to be defined in set up.

Is This Answer Correct ?    6 Yes 1 No

What is Interest Invoice and how it can be created?..

Answer / san

Interest invoice is type of invoice which generated for the
purpose of late payment towards the invoice due payment. it
can created in following way inovice-enty-interest inovice

Is This Answer Correct ?    5 Yes 12 No

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