AR - Sending Overdue invoices fees to Oz Mining

In this video, I'm going to show how we process overdue invoice payments and this only applies to OZ Mine at this stage they are running behind on their bills. And because I'm having to drop funds from other accounts, it's costing me interest. So with agreement from the site manager, were passing those costs on as they are having some some accounting issues. So the first thing we do is going to zero and I just search for oz mine.  And this is a job that really needs to be done every day.  At the momnet they are overdue $8,000.  So just make a note of that some way so you can refer to it in a moment so they are over to you by $8629.59 cents.

And then we go and we're going to create we're going to go to a previous invoice to go to an overdue invoice. Click on that one, that just saves entering details again, I got an invoice options copy to create a new invoice so overdue invoice total at 0.004% per day  overdue balances. So this is effective from the 12th and the overview is now 8629.59

six to 959

then we press approve and click on email.

I'm just going to send it all the fields need to guys with goes to Bob was recording but one he's a site manager goes to their incoming box in guys to their accounting inbox.

So these will preset by the customer so we make sure the right people, emails being sent and that Jobs done.

Transcribed by https://otter.ai