Charge Late Fee by Days Late

Wishlist
2

This is apropos the wish Incremental / daily late fee charge and collection

I’d like to ask for enhancement to the late fee functionality. Specifically, allow some common rules for late fees, e.g.:

  • add fixed amount daily for each day rent is overdue
  • allow a different amount on the first day after grace period, e.g. $25 on the 6th day (5-day grace period) and $5 every day thereafter.
  • allow to specify how the received rent payment is automatically applied, i.e., first to late fees that then to rent or vice-a-versa, etc.
  • when rent payment is entered in the transactions, “backtrack” late fees based on the date of the transaction.
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