Interest on Overdue Invoice
The Interest on Overdue Invoice module empowers businesses to effortlessly manage and recover interest on late payments. It allows users to define interest rates and calculation types (daily, monthly, or yearly) on payment terms. With automated cron jobs and manual update features, the system ensures accurate interest posting, helping maintain healthy cash flow.
Related Modules
Features
Configure Interest in Payment Terms
Define overdue interest directly within payment terms for automatic invoice interest calculation.
Role-Based User Access
Allow only authorized users to calculate and apply overdue interest on invoices.
One-Click Interest Update
Calculate and apply overdue interest instantly with a single click using the Update button.
Reset Interest Calculation
Easily remove the calculated interest and restore the original invoice amount using the Reset button.
Real-Time Interest Amount
Displays the calculated interest amount separately on the invoice for complete transparency.
Scheduled Action Configuration
Configure the scheduled action to automatically calculate and apply interest on invoices at predefined intervals.
Accessing Payment Terms in Odoo Invoicing.
Configuring daily payment terms and interest.
Modifying access rights for User to assign the "Officer2" role within the Sales module.
Selecting a specific "Invoice Date" while preparing a draft customer invoice.
Clicking the "Update" button to recalculate the interest amount based on the selected invoice date and payment terms.
Reviewing the updated invoice total of $961.20 after applying a calculated interest amount of $71.20.
Viewing a "Posted" customer invoice where the reset button is hidden due to restricted user access rights.
Configuring the "Interest on overdue Invoice" scheduled action.
Version 19.0.1.0.0 | Released on : 06th August 2026
- Yes, this app works perfectly with Odoo Enterprise (Odoo.sh & Premise) as well as Community.
- No, this application is not compatible with odoo.com(odoo saas/Odoo Online)
- Yes, to test this module, please contact us at sales@softhealer.com.
- Please contact us at sales@softhealer.com to request customization.
- Yes, we provide free support for 365 days from the date of purchase.
- Yes, you will receive lifetime free updates for the version of the module you purchased.
- No, there is no need to install any additional libraries.
- Yes, for version 12 and above, you need to purchase the module separately for each version you intend to use.
- No, exchanges or refunds are not allowed. Please make sure to select the correct version before purchasing.
- You can contact us at support@softhealer.com for language translation support. We use Google Translator tools to provide translations in multiple languages, so the accuracy may vary. We welcome your suggestions to help improve translations.
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