I am worried about usury. In our state, we cannot charge compound interest (interest on interest). Is there a way to have a one-time charge that will not have interest charged against it on future invoices, although the same client is charged interest on fees and cost? I have a client whom I gave a temporary credit to that was to become permanent if the client did something. It was a $20,000 credit. We continued working for the client and invoicing him monthly. As it turned out, the client did not do what they were supposed to do, and I will reverse the credit; however, the credit is made up of $18,000 in fees and $2,000 in interest. I can add a transaction invoice using the prior date for the $18,000 but how do I add the $2,000 to Timeslips, so Timeslips knows not to charge interest on the $2,000?
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