I have another client who is slowly making partial payments to their invoice, so I enabled the interest charges in the payment terms. I asked my accountant if I am supposed to issue a new invoice to show the interest charges, and he told me that I should just issue a statement that shows the unpaid balance with the partial payments and interest charges.
If I run Report | Standard Reports | Transactions | Statement with the filter for the project, the original invoice and partial payments and balance due are showing, but the the interest charges don't show up??
How do I make the interest charges show up?
I'm using Time Matters / Billing Matters with accounting 9.0 Service Release 3B - Enterprise
Caren Schwartz (Moderator/CIC)
& Time &
Cents Consultants, LLC
www.3545consulting.com / www.timeandcents.com
Software for Managing Time, Money
Time Matters, Billing Matters,
Billing Matters Plus, PC Law CIC