You can also prevent finance charges to be assessed on an “Invoice. There are two methods for this if you desire an invoice to be excluded from a customer’s balance while assessing finance charges. Assessing finance charges is a regular part of the Accounts Receivable workflow in QuickBooks. You assess “finance charges” when you have late fees, or there are some unpaid balances. In the below, we will discuss how to assess finance charges in QuickBooks Desktop.
Assessing finance charges is part of your usual A/R workflow in QuickBooks Desktop.
To see the complete list of workflows and other customer-related transactions, refer to Accounts Receivable workflows in QuickBooks Desktop.
Before you start assessing finance charges in QuickBooks, you need to set up your Finance Charge Preferences.
Are you planning for business set up in Baku?
Meet our professional immigration lawyers to get your business approval in abroad.
Contact us for more details about business setup in Baku.
