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      Invoicing

      • Interest charges

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Interest charges

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Configure an interest charge rate for an ezyVet site

A practice manager can configure an interest charge rate that ezyVet uses to automatically calculate interest charges for all clients.

Make sure that your ezyVet site has a configured interest product.
To configure an interest charge rate, do this procedure.
Note: If necessary, staff can set a different interest charge rate for a client.. The client charge rate overrides the charge rate that a practice manager configures with this procedure.
  1. Select Admin.
    The Admin tab
  2. In the settings list, select Financial.
    The Financial setting in the settings list
  3. Select Financial Settings.
    The Financial Settings setting
  4. Select Receivables.
    The Receivables tab
  5. Set Penalty charge type to Interest Rate.
    The Penalty charge type setting
  6. In the Interest Product box, select the applicable interest product.
    The Interest Product box
  7. In the Interest Rate (% p.a) box, enter the applicable interest rate for the charge.
    The Interest Rate (% p.a) box
  8. Select Charge Interest to Contacts By Default.
    The Charge Interest to Contacts By Default setting
  9. Select Save.
    The Save button
    ezyVet shows a confirmation message:

ezyVet uses the interest charge rate for all clients.
Parent topic: Interest charges
Related concepts
  • About interest charges for clients
  • How the Charge Late Fees/Interest report calculates interest
  • Settings of the Charge Late Fees/Interest report
Related tasks
  • Send client invoices for interest charges
  • Set an interest charge rate for a client
Procedure
ezyVet
Practice manager

Last updated: August 7, 2024

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Related Articles:

  • Interest charges
  • About interest charges for clients
  • How the Charge Late Fees/Interest report calculates interest
  • Settings of the Charge Late Fees/Interest report
  • Send client invoices for interest charges
  • Set an interest charge rate for a client

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