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Late Fees

The late fees feature allows for late fees to be applied at a specified rate on invoices in your system.

The new late fees feature will show a new tab and section on your case financials page where you can add and configure late fee settings. If you do not see this section on your invoice selection page or case financials page, the feature may may not be enabled in your system settings. Reach out to our support team via live help or support@tributetms.com to have this feature enabled in your system.

Setting A Due Date For Late Fees To Start

When you are on the selection page for an invoice or add-on, you will see a new section called Invoice & Late Fee Details or Add-On & Late Fee Details.

In this section a due date can be set for payment of the invoice, you will also see the Late Fee Rate that will trigger once the due date has past. There is a toggle box option to enable a 30 day grace if needed.

If the grace period box is left unchecked, you can enter whichever date you would like as the Due Date.

Where The Late Fee Rate Is Set

The Late Fee Rate is set at the location level in the system. This means that all cases under a specific location will show the Late Fee Rate that has been configured for that system. A location's Late Fee Rate can be changed by a system admin or support. Feel free to reach out to support via live help or support@tributetms.com if you need help changing your location's Late Fee Rate.

Excluding Invoices From Late Fees

Underneath the Late Fee APR percentage, an option is also available to exclude the add-on or invoice from late fee charges. This allows for more detailed control over what cases will have late fees applied to their invoices or not.

To View or Add Late Fees

Late Fees can be viewed or added on the Late Fees Tab when on the Case Financials page of a case.

**A user will need to have the Late Fees user permission enabled on their account in order to see this section.

This section will show you any Late Fee charges for the selected case. You can toggle between invoices in the top invoice drop down list. The Invoice Late Fee area will show you the date of any charged late fees and the late fee amount.

Late Fees can also be seen in the totals at the bottom of the page under the Late Fees line.

Clicking the Charge Late Fee option in the right corner gives you some options for applying a late fee.

Two different options become available for applying the late fee. Instant Calculation allows you to utilize a calculation to determine the fee such as:

  • Monthly for one month

  • Daily through a specific date

  • Daily for a specific number of day.

Manual Entry allows you to enter any amount manually, with a Late Fee Through Date.