How to Create a Past-Due Invoice

Introduction

Past-due invoices are essential for reminding clients of overdue payments. Effective management of past-due invoices ensures timely payments and healthy cash flow. Here’s how to create a past-due invoice and why Boulder Invoice is your best choice.

Steps to Create a Past-Due Invoice

1. Identify Overdue Invoices: Regularly review your accounts receivable to identify overdue invoices.

2. Send Reminders: Use Boulder Invoice to send automated payment reminders to clients.

3. Include Late Fees: If applicable, add late fees or interest to the past-due amount.

4. Communicate with Clients: Reach out to clients directly to discuss overdue payments and negotiate a payment plan if necessary.

5. Keep Records: Maintain accurate records of all communications and actions taken regarding past-due invoices.

Benefits of Using Boulder Invoice for Past-Due Invoices

Boulder Invoice offers robust tools to help manage past-due invoices:

1. Automated Reminders: Our software sends automatic reminders, reducing the need for manual follow-ups.

2. Late Fee Management: Easily add late fees or interest to overdue invoices.

3. Detailed Tracking: Track all past-due invoices and communications in one place, ensuring nothing slips through the cracks.

4. Cost-Effective Solution: Boulder Invoice provides these features at a lower cost than Skynova, offering exceptional value for small businesses.