Guides
Short, practical notes for bookkeepers and businesses charging interest on late invoices from Xero data.
Try it on your own invoice export. Free, no sign-up, nothing uploaded. Interest is worked out for every customer; the Xero import file and PDF notices cover the first 3 customers charged in each batch. The Practice plan ($19 per month or $190 per year) covers every customer: see pricing.
Work out interestAll guides
- Add interest to late invoices in Xero
- UK statutory late payment interest: 8% plus Bank Rate
- Late payment compensation: £40, £70 or £100 per invoice
- Record late-payment interest in Xero as Interest Income
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