How can I apply interest to ad-hoc invoices in ADDA?

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  Follow the below steps to raise Ad-Hoc invoices to Members: Step 1: Log in to ADDA -->> Admin -->> Income Tracker -->> Member Income. Step 2: Click on the Invoice tab of a particular flat to whom the Ad-hoc invoice has to be raised. Step 3: Enter the ...

• Simple Interest vs. Flat Penalty: Which is Better for Your Housing Society?

  What is Flat Penalty? A Flat Penalty is a fixed amount charged for overdue payments, regardless of the outstanding amount or the duration of the delay. This method is simple but can often lead to disproportionately high penalties. Example: Invoice ...

• I'd like to allow users to make only maintenance payments through the ADDA app without paying interest. How to accomplish this on ADDA?

  In accordance with standard practice in all communities, it is essential to collect both interest and maintenance fees due from the residents. This method ensures that defaulters follow their obligations to pay both outstanding interest and ...

• How to add an adhoc invoice for the individual unit?

  Please follow the steps below to post an ad-hoc invoice for a single unit: Step 1: Navigate to Income Tracker - ->> Member Income - ->> Click on 'Invoice' against the required unit. Step 2 : Enter the amount - ->> Select the Income Head - ->> Add ...

• How to post an individual/ad-hoc credit note?

  Please follow the steps below to post an individual/ad-hoc credit note: Step 1 : Go to Income Tracker -->>> Member Income. Step 2 : Click 'Invoice' against the unit where you want to post the credit note and click 'Post a General Credit Note'. Step 3 ...