Finance Charges In QuickBooks

We are not a bank. So when we extend terms to customers, we expect that they pay on time. If they do not pay on time we can use finance charges as a motivator to get paid, or to recoup our cost in order to fund their lack of payment. If you are having to use finance charges, we may want to look at why customers are taking so long to pay. This video helps with finance charges and ideas on how to get paid faster!

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