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    Hi everyone, a year on from my last engagement we wanted to provide an update for you all here.

    As many will be across we're in the midst of making a lot of iterations and improvements to new invoicing leading up to the retirement of classic invoicing in September (2024).

    We have a fair amount of work lined up in the teams schedule over the coming months and to give an indication there isn't any committed plans around a function to add interest to invoices.

    That said, we do have a team that have picked up and are considering how we might solve this with the technology in new invoicing - It's early days on this yet, but I'll share if there's any progress on this for you all here.

    In the meantime, as has been shared by others over time there are a few ways you could accomplish this…

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    Caroline Mitchell commented  · 

    For those in the UK in urgent need of such a tool this link to the Gov.uk interest and compensation calculator may be useful

    https://www.smallbusinesscommissioner.gov.uk/deal-with-an-unpaid-invoice/how-to-chase-an-unpaid-invoice/interest-calculator/

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    Caroline Mitchell commented  · 

    Please can we have an update on when we can expect this to be rolled out? Other accountancy tools already have this feature.

    Caroline Mitchell supported this idea  ·