Incremental / daily late fee charge and collection

The app should be able to collect the incremental late fees per day. My lease term states late fees will be charged $10 per day starting 5th of the month. Then on the 8th of the month it should collect $30 as rent fees vs $10 on the 5th of the month.

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I haven’t been able to figure out any type of late fee setup with grace period yet. Is the capability in there?