Late payment fees yearly or daily

Can I change late payment % to yearly or daily, also the late payment % to charge only invoice amount every month not the cumulative invoice pending (adding late payment fees).

Why I am asking my client have contract with some customers to charges 2% late payment fee daily but only on invoice amount, currently manager add invoice amount with late payment fees and then calculate 2% late payment fee next month.


This is the only current option for automatic calculation. To do anything else, you must add line items to a sales invoice.

Ok Noted.