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Calcu(Late)- Automate Overdue Invoice Penalities

Calcu(Late)- Automate Overdue Invoice Penalities

$ 34.13   $ 34.13
v 19.0 0
Required Apps • base
• account
Technical Name overdue_penalty_calculation_knk
License OPL-1
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Technical Name overdue_penalty_calculation_knk
License OPL-1
Calcu(Late)- Automate Overdue Invoice Penalities - Automatically calculate and apply penalties on overdue invoices. | Overdue | Payment | Penalty | Accounting | Journal | Journal Entries | Invoice Management | Late Payment | Payment Delay | Overdue Amount | Unpaid Invoice | Late Invoice | Overdue Charge | Late Payment Charge | Payment Delay Charge | Unpaid Invoice Charge | Penalty Setup | Overdue Calculation | Penalty Calculation | Overdue Tracker | Payment Tracker
Kanak Infosystems LLP.
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Calcu(Late)- Automate Overdue Invoice Penalities - Automatically calculate and apply penalties on overdue invoices. | Overdue | Payment | Penalty | Accounting | Journal | Journal Entries | Invoice Management | Late Payment | Payment Delay | Overdue Amount | Unpaid Invoice | Late Invoice | Overdue Charge | Late Payment Charge | Payment Delay Charge | Unpaid Invoice Charge | Penalty Setup | Overdue Calculation | Penalty Calculation | Overdue Tracker | Payment Tracker

Calcu(Late)- Automate Overdue Invoice Penalities

The Calcu(Late)- Automate Overdue Invoice Penalities module helps automate penalty calculation on overdue invoices. You can configure penalty rules and automatically generate the corresponding journal entries based on the overdue amount.

Calcu(Late)- Automate Overdue Invoice Penalities
Calcu(Late)- Automate Overdue Invoice Penalities - Automatically calculate and apply penalties on overdue invoices. | Overdue | Payment | Penalty | Accounting | Journal | Journal Entries | Invoice Management | Late Payment | Payment Delay | Overdue Amount | Unpaid Invoice | Late Invoice | Overdue Charge | Late Payment Charge | Payment Delay Charge | Unpaid Invoice Charge | Penalty Setup | Overdue Calculation | Penalty Calculation | Overdue Tracker | Payment Tracker
Configure Payment Terms for Overdue Penalty

To configure Penalty Rules in Odoo, follow these steps:

  1. Navigate to the Accounting app and go to Configuration > Payment Terms.

Payment Terms Configuration
Calcu(Late)- Automate Overdue Invoice Penalities - Automatically calculate and apply penalties on overdue invoices. | Overdue | Payment | Penalty | Accounting | Journal | Journal Entries | Invoice Management | Late Payment | Payment Delay | Overdue Amount | Unpaid Invoice | Late Invoice | Overdue Charge | Late Payment Charge | Payment Delay Charge | Unpaid Invoice Charge | Penalty Setup | Overdue Calculation | Penalty Calculation | Overdue Tracker | Payment Tracker
Configure Payment Terms for Overdue Penalty

To configure Penalty Rules in Odoo, follow these steps:

  1. Navigate to the Accounting app and go to Configuration > Payment Terms.
  2. Open an existing payment term or create a new one.
  3. In the Overdue Penalty section, set the Penalty Percentage you want to apply for overdue payments.
  4. Choose the Penalty Type as Daily or Monthly, depending on how you want the penalty to apply.
  5. Save the configuration to enable automatic penalty calculation for overdue invoices.

Payment Terms Configuration
Calcu(Late)- Automate Overdue Invoice Penalities - Automatically calculate and apply penalties on overdue invoices. | Overdue | Payment | Penalty | Accounting | Journal | Journal Entries | Invoice Management | Late Payment | Payment Delay | Overdue Amount | Unpaid Invoice | Late Invoice | Overdue Charge | Late Payment Charge | Payment Delay Charge | Unpaid Invoice Charge | Penalty Setup | Overdue Calculation | Penalty Calculation | Overdue Tracker | Payment Tracker
Create Invoice with Overdue Penalty

To create an invoice and apply the configured payment term in Odoo, follow these steps:

  1. Navigate to the Accounting app and go to Customers > Invoices.
  2. Create a new invoice and fill in the required information.
  3. Select the Payment Term you configured with the overdue penalty.
  4. Confirm the invoice to apply the penalty rules automatically when overdue.

Create Invoice with Payment Term
Calcu(Late)- Automate Overdue Invoice Penalities - Automatically calculate and apply penalties on overdue invoices. | Overdue | Payment | Penalty | Accounting | Journal | Journal Entries | Invoice Management | Late Payment | Payment Delay | Overdue Amount | Unpaid Invoice | Late Invoice | Overdue Charge | Late Payment Charge | Payment Delay Charge | Unpaid Invoice Charge | Penalty Setup | Overdue Calculation | Penalty Calculation | Overdue Tracker | Payment Tracker

Please note that the penalty percentage you set will be applied on the amount due in the invoice at the time of penalty calculation.

Create Invoice with Payment Term
Calcu(Late)- Automate Overdue Invoice Penalities - Automatically calculate and apply penalties on overdue invoices. | Overdue | Payment | Penalty | Accounting | Journal | Journal Entries | Invoice Management | Late Payment | Payment Delay | Overdue Amount | Unpaid Invoice | Late Invoice | Overdue Charge | Late Payment Charge | Payment Delay Charge | Unpaid Invoice Charge | Penalty Setup | Overdue Calculation | Penalty Calculation | Overdue Tracker | Payment Tracker
Overdue Penalty Scheduled Action

To check or manage the scheduled action for applying overdue penalties, follow these steps:

  1. Navigate to Settings > Technical > Scheduled Actions.
  2. Find the scheduled action named "Apply Overdue Invoice Penalties".
  3. This scheduled action runs every day to automatically apply penalties on overdue invoices.
  4. You can also run this action manually from here whenever needed.

Scheduled Action for Overdue Penalties
Calcu(Late)- Automate Overdue Invoice Penalities - Automatically calculate and apply penalties on overdue invoices. | Overdue | Payment | Penalty | Accounting | Journal | Journal Entries | Invoice Management | Late Payment | Payment Delay | Overdue Amount | Unpaid Invoice | Late Invoice | Overdue Charge | Late Payment Charge | Payment Delay Charge | Unpaid Invoice Charge | Penalty Setup | Overdue Calculation | Penalty Calculation | Overdue Tracker | Payment Tracker
View Penalty Journal Entries

To view the journal entries created for overdue penalties, follow these steps:

  1. Navigate to Accounting > Accounting > Journal Entries.
  2. Here you can see the entries posted for invoice penalties.
  3. If the penalty type is set to Daily, entries are created every day for overdue amounts.
  4. If the penalty type is set to Monthly, entries are created once per month.

In the image below, you can see the journal entries for the configured daily penalty.


Daily Penalty Journal Entries
Calcu(Late)- Automate Overdue Invoice Penalities - Automatically calculate and apply penalties on overdue invoices. | Overdue | Payment | Penalty | Accounting | Journal | Journal Entries | Invoice Management | Late Payment | Payment Delay | Overdue Amount | Unpaid Invoice | Late Invoice | Overdue Charge | Late Payment Charge | Payment Delay Charge | Unpaid Invoice Charge | Penalty Setup | Overdue Calculation | Penalty Calculation | Overdue Tracker | Payment Tracker
View Penalty Journal Entry Record

In the image below, you can see the detailed view of a penalty journal entry record.


Penalty Journal Entry Record View

Key Features

Automates calculation of penalties on overdue invoices based on configured rules.
Allows setting penalty percentage and type (Daily or Monthly) per payment term.
Automatically generates journal entries for penalties as per the configured schedule.
Provides a clear view of all penalty journal entries in the accounting module.

Free 3 Months Support

Need help or any technical support ?

Kanak Infosystem will provide free 3 months support for bug fixes, any doubts or queries, installation, configuration support or any types of issues related to this module.

At our company, we take pride in providing exceptional help and technical support to our valued customers.

Our team of dedicated experts is well-versed in the intricacies of the Odoo platform.

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Calcu(Late)- Automate Overdue Invoice Penalities
Version 19.0.1.0 (17th September 2025)
  • Initial Release for the 19.0

Suggested Apps

Calcu(Late)- Automate Overdue Invoice Penalities - Automatically calculate and apply penalties on overdue invoices. | Overdue | Payment | Penalty | Accounting | Journal | Journal Entries | Invoice Management | Late Payment | Payment Delay | Overdue Amount | Unpaid Invoice | Late Invoice | Overdue Charge | Late Payment Charge | Payment Delay Charge | Unpaid Invoice Charge | Penalty Setup | Overdue Calculation | Penalty Calculation | Overdue Tracker | Payment Tracker

Our Services

Calcu(Late)- Automate Overdue Invoice Penalities - Automatically calculate and apply penalties on overdue invoices. | Overdue | Payment | Penalty | Accounting | Journal | Journal Entries | Invoice Management | Late Payment | Payment Delay | Overdue Amount | Unpaid Invoice | Late Invoice | Overdue Charge | Late Payment Charge | Payment Delay Charge | Unpaid Invoice Charge | Penalty Setup | Overdue Calculation | Penalty Calculation | Overdue Tracker | Payment Tracker

Hire Odoo Developer

Calcu(Late)- Automate Overdue Invoice Penalities - Automatically calculate and apply penalties on overdue invoices. | Overdue | Payment | Penalty | Accounting | Journal | Journal Entries | Invoice Management | Late Payment | Payment Delay | Overdue Amount | Unpaid Invoice | Late Invoice | Overdue Charge | Late Payment Charge | Payment Delay Charge | Unpaid Invoice Charge | Penalty Setup | Overdue Calculation | Penalty Calculation | Overdue Tracker | Payment Tracker

Odoo Customization

Calcu(Late)- Automate Overdue Invoice Penalities - Automatically calculate and apply penalties on overdue invoices. | Overdue | Payment | Penalty | Accounting | Journal | Journal Entries | Invoice Management | Late Payment | Payment Delay | Overdue Amount | Unpaid Invoice | Late Invoice | Overdue Charge | Late Payment Charge | Payment Delay Charge | Unpaid Invoice Charge | Penalty Setup | Overdue Calculation | Penalty Calculation | Overdue Tracker | Payment Tracker

Odoo Development

Calcu(Late)- Automate Overdue Invoice Penalities - Automatically calculate and apply penalties on overdue invoices. | Overdue | Payment | Penalty | Accounting | Journal | Journal Entries | Invoice Management | Late Payment | Payment Delay | Overdue Amount | Unpaid Invoice | Late Invoice | Overdue Charge | Late Payment Charge | Payment Delay Charge | Unpaid Invoice Charge | Penalty Setup | Overdue Calculation | Penalty Calculation | Overdue Tracker | Payment Tracker

Odoo Installation

Calcu(Late)- Automate Overdue Invoice Penalities - Automatically calculate and apply penalties on overdue invoices. | Overdue | Payment | Penalty | Accounting | Journal | Journal Entries | Invoice Management | Late Payment | Payment Delay | Overdue Amount | Unpaid Invoice | Late Invoice | Overdue Charge | Late Payment Charge | Payment Delay Charge | Unpaid Invoice Charge | Penalty Setup | Overdue Calculation | Penalty Calculation | Overdue Tracker | Payment Tracker

Odoo Integration

Calcu(Late)- Automate Overdue Invoice Penalities - Automatically calculate and apply penalties on overdue invoices. | Overdue | Payment | Penalty | Accounting | Journal | Journal Entries | Invoice Management | Late Payment | Payment Delay | Overdue Amount | Unpaid Invoice | Late Invoice | Overdue Charge | Late Payment Charge | Payment Delay Charge | Unpaid Invoice Charge | Penalty Setup | Overdue Calculation | Penalty Calculation | Overdue Tracker | Payment Tracker

Odoo Resource

Calcu(Late)- Automate Overdue Invoice Penalities - Automatically calculate and apply penalties on overdue invoices. | Overdue | Payment | Penalty | Accounting | Journal | Journal Entries | Invoice Management | Late Payment | Payment Delay | Overdue Amount | Unpaid Invoice | Late Invoice | Overdue Charge | Late Payment Charge | Payment Delay Charge | Unpaid Invoice Charge | Penalty Setup | Overdue Calculation | Penalty Calculation | Overdue Tracker | Payment Tracker

Odoo Themes

Calcu(Late)- Automate Overdue Invoice Penalities - Automatically calculate and apply penalties on overdue invoices. | Overdue | Payment | Penalty | Accounting | Journal | Journal Entries | Invoice Management | Late Payment | Payment Delay | Overdue Amount | Unpaid Invoice | Late Invoice | Overdue Charge | Late Payment Charge | Payment Delay Charge | Unpaid Invoice Charge | Penalty Setup | Overdue Calculation | Penalty Calculation | Overdue Tracker | Payment Tracker

Odoo Training

Calcu(Late)- Automate Overdue Invoice Penalities - Automatically calculate and apply penalties on overdue invoices. | Overdue | Payment | Penalty | Accounting | Journal | Journal Entries | Invoice Management | Late Payment | Payment Delay | Overdue Amount | Unpaid Invoice | Late Invoice | Overdue Charge | Late Payment Charge | Payment Delay Charge | Unpaid Invoice Charge | Penalty Setup | Overdue Calculation | Penalty Calculation | Overdue Tracker | Payment Tracker

Important Notice

All applications are developed within the default, up-to-date Odoo environment, and as such, we cannot guarantee flawless compatibility with third-party apps. While we strive to ensure smooth integration, any conflicts or issues that arise due to third-party applications will require additional support services, which can be provided at an extra cost. Kindly contact our support team for more information or to arrange paid support.

Kanak Infosystems LLP.

Reach out to us at our offices for any inquiries or collaboration.

Delhi Office

Unit no. 1017 & 1026, 11th Floor, Westend Mall,

Janak Puri, New Delhi,

Delhi, India - 110058

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Gandhinagar, Gujarat, India - 382421

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