Penalty or Interest on due invoices

by
Odoo

78.66

v 13.0 Third Party 18
Availability
Odoo Online
Odoo.sh
On Premise
Odoo Apps Dependencies Invoicing (account)
Discuss (mail)
Lines of code 289
Technical Name jt_penalty_on_due_invoices
LicenseAGPL-3
Websitehttp://jupical.com/
Versions 13.0 17.0 15.0 16.0 14.0 11.0 10.0 9.0 8.0
You bought this module and need support? Click here!
Availability
Odoo Online
Odoo.sh
On Premise
Odoo Apps Dependencies Invoicing (account)
Discuss (mail)
Lines of code 289
Technical Name jt_penalty_on_due_invoices
LicenseAGPL-3
Websitehttp://jupical.com/
Versions 13.0 17.0 15.0 16.0 14.0 11.0 10.0 9.0 8.0

Penalty or Interest on due invoices

Auto Charge Penalty or Interest to customers on their due invoices


This module has been tested in community version 13 only.


Highlights Of The Application

- Application to auto charge penalty or interest to customers on their due invoices

- Configuration to select penalty or interest on due date.

- Penalty can be charge in two way, Percentage or Fixed Amount

- Configuration to select how many days after due dates to charge penalty or interest.

- Interest can be charged monthly. If customer has not paid for previous months, the interest will increments based on months.


Complete process for configuration and functionality explained below.

Choose Penalty or Interest charge on Due Invoices. Enable penalty or interest on due invoice from here,
Invoicing/Accounting >> Configurations>>Settings >> Penalty on Due Invoices



Choose Penalty or Interest charge on Due Invoices.





Auto added new product for penalty and interest charge with service type





Added cron job to trigger auto charged on due invoice, you can change internval time of cron according to you needs.
Go through Settings >> Technical >> Automation >> Scheduled Actions >> Due invoice charges





Can apply charges in two ways.

  • Penalty
  • Interest
Penalty can be charged in two ways, Interest is applicable with percentage(%) only
  • Fixed amount
  • In percentage
Configure days to make penalty after Due dates.
  • Allow # of days after due


Note :-If you choose Interest option than it will allow you to add interest percentage Annualy.



New Invoice created for the interest of due invoice.



Invoice for the interest of next month due invoice will added.



Choose Penalty and Percentage.



New Invoice created for the penalty of due invoice.



Do you need support on module? Please, Write us at hello@jupical.com
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