Interest for Overdue Invoice

by
Odoo
v 17.0 Third Party 76
Download for v 17.0 Deploy on Odoo.sh
Availability
Odoo Online
Odoo.sh
On Premise
Odoo Apps Dependencies Invoicing (account)
Discuss (mail)
Lines of code 259
Technical Name account_interest_on_overdue_invoice
LicenseLGPL-3
Websitehttps://www.cybrosys.com
Versions 16.0 17.0 15.0
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 259
Technical Name account_interest_on_overdue_invoice
LicenseLGPL-3
Websitehttps://www.cybrosys.com
Versions 16.0 17.0 15.0
Community
Enterprise
Odoo.sh

Interest for Overdue Invoice

A Module For Interest for Overdue Invoice Calculation while Creating Invoice.

Key Highlights

Community, Enterprise and Odoo.sh Support

Available in Odoo 17.0 Community, Enterprise and Odoo.sh

Easy to Calculate Interest for Overdue Invoices

This module will manage journal items while you calculate Interest in overdue invoice.

Also, Interest can be calculated for different period ratios (daily, weekly and monthly).

You can use different accounts for interest journal entries from payment terms menu.

Enable the checkbox in payment term configuration to get the Interest calculation in Overdue invoices for the selected payment term. And set the values required for interest calculation, and the account for interest jornal entries can be changed from here. This is the details example for immediate payment term with daily period based interest.

After the payment configuration we can use that payment term in invoice creation. Also set the invoice details ,use the update interest button to calculate interest.

Here you can get updated value of interest and amount.

The interest details are included in new invoices.

You can also enable this automatic script for automatic interest update.

Warning on updating invoice twice or more in a selected interest period

  • Available in Odoo 17.0 Community, Enterprise and Odoo.sh
  • Easy to create product using UPC.
Version 17.0.1.0.0|Released on:9th April 2024

Initial Commit for account_interest_on_overdue_invoice.

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