Kube lets you set custom late fees as well as choose whether the company is exempt from late fees. If a company is exempt from late fees, this setting does not apply. For more information about setting whether a company is exempt from late fees, see Setting whether a company is exempt from late fees.
This article describes setting custom late fees.
This article is part of the Kube customers setup flow. For more information, see Customers setup checklist.
NOTE: Depending on your assigned role and permissions, and the version of Kube your organization uses, some or all of these menus or services may not be available or displayed.
To set custom late fees for a company
Select Customers in the top menu and select Companies from the drop-down menu.
Locate the company in the grid and click the company's name. The Company Essentials window appears. Click Detailed View.
The Company Overview menu appears.
Select Billing in the side menu and select the Billing Options tab.
Click the Edit button.
Click the square Select button next to the Custom Late Fees option to enable it.
TIP: This setting can be customized per property the company does business with. Click the Additional Properties Billing Settings button to select additional properties where the setting should be customized.
A Late Fee Percentage and a Late Fee Amount field appear.
Enter a positive numerical value with a maximum of two decimal places into either both or one of the fields.
Click Save.
TIP: The next step in the Kube customer setup process is to set if a company's invoice due date is different from the Invoices scheduled task due date. For more information, see Setting company net terms.