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
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Available in Odoo 17.0 Community, Enterprise and Odoo.sh
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Easy to create product using UPC.
Initial Commit for account_interest_on_overdue_invoice.
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