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Interest charges on Unpaid Invoices with no further work


We have clients who we have ceased to act for that still have outstanding accounts. How can I send them a monthly invoice to charge them the interest on their outstanding account?

At the moment the only way I can see it working is to charge them a $0.10 disbursement every month to trigger an invoice, charge interest on the overdue debt and then waive the $0.10 disbursement the next day so it doesn’t add to the balance.

Best answer by JG3

Thanks ​@JKibler 

We have the same recurring challenge. 

The work-arounds suggested above and in the linked thread are still way too clunky and hands-on.

We’ve reverted to using a dummied-down version of an Account Statement.  There’s no payment link in that format, but it provides the necessary detail.

There really should be something more intuitive.

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4 replies

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  • Smokeball Genius
  • May 8, 2025

See discussion here:

 


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  • Frequent Scribe
  • Answer
  • May 8, 2025

Thanks ​@JKibler 

We have the same recurring challenge. 

The work-arounds suggested above and in the linked thread are still way too clunky and hands-on.

We’ve reverted to using a dummied-down version of an Account Statement.  There’s no payment link in that format, but it provides the necessary detail.

There really should be something more intuitive.


  • Author
  • Contributor
  • June 4, 2025

​@JG3 Can I ask how you bulk send out the account statements? We have over 250 active clients that expect a monthly statement as well as the clients who are no longer engaged with us but require the statement to show the interest accrual.


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  • Frequent Scribe
  • June 4, 2025

​@AMC Amanda Sorry, when we send out account statements, they’re not too often (usually an interest-charged or file closing thing).  I don’t think there’s a way to send them out in bulk.