Great, thanks! I'll have a look.
On Aug 5, 2017, 6:32 PM, at 6:32 PM, Derek Atkins <de...@ihtfp.com> wrote: >Send them a Customer Report >That's what it's for. > >-derek >Sent using my mobile device. Please excuse any typos. > > > >On August 5, 2017 6:03:53 PM Macho Philipovich <mach...@riseup.net> >wrote: > >> Thanks David. >> >> Since the goal is to make it as convenient as possible for clients to >> pay, I'd really like to present them with a simple document that >clearly >> indicates the total outstanding amount owing, rather than a series of >> invoices they have to try to sum up. >> >> Perhaps the solution is to send all the invoices with a cover sheet >> listing the total, but that also seems unnecessarily complicated. >> >> If anyone has any further thoughts I'd be happy to hear them. >> >> Thanks, >> >> Macho >> >> >> On 2017-08-04 09:56 PM, DaveC49 wrote: >>> Macho, >>> >>> From an accounting perspective, the interest charge is not incurred >until >>> the original invoice is overdue past the agreed date and should be >recorded >>> as such at that time, while the original sale is recorded at the >date at >>> which it occurred. >>> >>> On this basis, I think it would be most appropriate to issue an >additional >>> invoice for the interest charges referencing the original invoice at >the >>> date those charges become applicable and then forward a copy of the >original >>> invoice along with the invoice for the interest charges to the >customer. If >>> the invoice remains outstanding, then you would have to periodically >e.g >>> monthly or quarterly send new invoices for the accruing interest >charges. >>> >>> In mananging this for low value sales, the additional cost of >issuing and >>> mailing the additional invoice may outweigh any additional gain from >the >>> interest charge, so it may be wise to have a threshold in the sale >value, >>> above which you change the terms of sale to include the interest >charge for >>> late payment, or more simply, not pursue the interest charges for >sales >>> below an appropriate threshold while keeping the provision in the >terms of >>> sale. >>> >>> You may also need to consider any constraints on policy imposed by >any >>> consumer protection legislation which may apply. >>> >>> It would be interesting to compare the effectiveness of offering a >discount >>> for early payment with the imposition of an penalty interest (or >using >>> both) in encouraging prompt payment of invoices. Carrot or stick cf >carrrot >>> then stick? >>> >>> >>> David Cousens >>> >>> >>> >>> ----- >>> David Cousens >>> -- >>> View this message in context: >>> >http://gnucash.1415818.n4.nabble.com/Interest-late-penalties-on-invoices-tp4693055p4693057.html >>> Sent from the GnuCash - User mailing list archive at Nabble.com. >>> _______________________________________________ >>> gnucash-user mailing list >>> gnucash-user@gnucash.org >>> https://lists.gnucash.org/mailman/listinfo/gnucash-user >>> ----- >>> Please remember to CC this list on all your replies. >>> You can do this by using Reply-To-List or Reply-All. >> >> >> _______________________________________________ >> gnucash-user mailing list >> gnucash-user@gnucash.org >> https://lists.gnucash.org/mailman/listinfo/gnucash-user >> ----- >> Please remember to CC this list on all your replies. >> You can do this by using Reply-To-List or Reply-All. _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org https://lists.gnucash.org/mailman/listinfo/gnucash-user ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.