How to setup late payment charges for Utility Billing?

How to setup late payment charges for Utility Billing?

Please follow the below steps to setup late payment charges for utility billing:


Step 1: Login to ADDA -->> Admin -->> Utility Tracker -->> Setup

Step 2: Scroll down to the bottom of the page -->>click on Late Payment Interest-->>Edit-->>Enter the Rate & Grace Period

Step 3: Click Save.


This setup will Automatically calculate the Late Payment Interest as defined.


    • Related Articles

    • How to disable Late Payment Interest for specific units?

      To achieve this, you will have to create a new unit type called "NO LPI" and Make the following changes: Step 1 - Go to Admin Dashboard>>Income Tracker>>Track Units>>Unit Type>>Create a unit type called NO LPI>>Save Changes. Step 2 - Go to Income ...
    • Different Types of Auto Invoicing setup available on ADDA?

      Auto Invoice Generation - Different Types of Billing Setup 1.Standard Rule - Admin can make use of this option if the unit billing is based on Sqft/Flat Rate Income Tracker>>Setup>>Auto Invoicing Rules>>Add Line Item/Edit Line Item>>Standard Rule ...
    • How to Change Facility Charges?

      If your Association/RWA/Society decides to change the fees for certain facilities or amenities, please follow these steps to update it in ADDA Admin Portal: Step 1: Login to ADDA >> Click on ‘Admin’ and navigate to Facility and Activity >> Setup >> ...
    • What are convenience charges/ transaction charges/ TDR added to my online payments?

      Convenience Charges/ Transaction Charges/ TDR (Transaction Discount Rates) are the charges that you pay for every transaction processed using a payment gateway. The rate may vary based on the payment mode used by the customer. ADDA is integrated with ...
    • How to setup billing formula for utility billing?

      Please follow the steps below to setup the billing formula for utility billing : Step 1: Login to ADDA —>> Admin —>> Utility Tracker —>>Setup Step 2: Select "Add Meter Rule." —>> Choose the Income Head from the dropdown menu —>> If applicable, ...