Feature Update: Late Payment Controls for Invoices
Version: 1.3.7
Release Date: June 04, 2025
Hello Fynlo users! ✨ We’ve heard your feedback and are introducing powerful updates to help you manage late payments more effectively, without adding extra work.
Whether you want to automatically apply fees, tailor terms to different clients, or handle exceptions with ease, this release has you covered.
New Features and Enhancements
📄 Easily Add Late Payment Terms to Invoices
You can now select from a dropdown of predefined late payment terms while creating an invoice.
No more retyping or manual calculations—just choose a saved term, and we’ll automatically apply the corresponding fee and rules.
✅ Perfect for freelancers, small businesses, and agencies who want to standardize their policies and avoid overdue headaches.
🛠 How to use:
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Go to Invoices → Create Invoice
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Under the “Late Fee Terms” section, choose from your saved terms
🧩 Create and Save Multiple Terms for Different Scenarios
You can now set up and save multiple late fee terms based on your client agreements or internal policies.
Each term can include:
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A fixed amount or a percentage-based late fee
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A grace period before the fee is applied
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A recurring schedule (e.g., apply weekly, monthly, etc.)
✅ Whether you're dealing with startups, enterprise clients, or international partners, customization is now at your fingertips.
🛠 How to use:
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Go to Settings → Late Fee Terms
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Click “New Late Fee”, set your rules, and save
📋 Manage All Late Payment Terms in One Place
Need to update, delete, or reorganize your late payment policies?
The new Late Fee Terms screen acts as your command center.
Here, you can:
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View all saved terms
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Edit or deactivate terms you no longer use
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Reorganize terms for easier access when invoicing
✅ No more scattered spreadsheets or forgotten rules.
🧾 Waive or Include Late Fees During Journal Recording
When posting an invoice to your journal, you’ll now see an option to include or waive the late fee.
This gives you flexibility to:
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Be firm with repeat late payers
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Be lenient with long-term or first-time clients
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Adjust based on payment behavior or circumstances
🛠 How to use:
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Go to Invoices → Receive Payment → Waive Late Fee button below the Amount field.
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Click “Waive Late Fee” or “Restore Late Fee.”
✅ Professional, flexible, and fair—just how late fee policies should be.
💬 We’d Love Your Feedback!
These improvements are based on feedback from users like you. If you have suggestions or questions, we’re here and ready to help.
📧 Send your thoughts to support@fynloapps.com
🛠️ Need Help?
Visit our Help Center for step-by-step guides and answers to common questions. Or just drop us an email—we’re always happy to assist.
Ready to explore the updates?
👉 Log in now and experience the upgrade firsthand!
Thanks for growing with us,
- The Fynlo Team