Can I add late fees or interest to overdue installments?
No, Jarbas
doesn’t automatically calculate late fees or interest on overdue installments —
but you can update them manually.
Recommended process
Step 1:
Calculate the late fee or interest
manually
Step 2: Add that amount to the original installment value
Step 3: Edit the installment in the system with the new total
Example
• Original
installment: $100.00
• Late fee (2%): $2.00
• Interest: $5.00
• Final amount: $107.00
Summary:
Jarbas doesn’t automatically apply
late fees or interest. You’ll need to calculate them yourself and manually
update the overdue installment amount in the system.
Related Articles
How to View Overdue Installments
The best way to view and manage your portfolio of installment orders is through the Installment Plan menu. Access this menu and click on the Installments tab. On this screen, you can view all installments from orders made in the app. They are ...
How does the Jarbas Collection Route Work?
The Collection Route in Jarbas helps organize client visits for more efficient billing, saving time and resources. This tool simplifies route planning, speeds up payment collection, and strengthens customer relationships. To create a route, follow ...
How to Set Up an Installment Sale
An installment sale can be initiated either through a Quick Sale or an Order. On the payment screen, click on the Installment option and then on Checkout. Now you need to define the installment options: Number of installments Observation (optional) ...