Facebook pixel
Sign up with Easy Interest to apply interest to get invoices paid

Getting invoices paid
shouldn't take light years.

Be polite, but persistent. Debtors pay faster once they see interest is occurring on overdue invoices.

Sign Up for Free

Applying Interest

You have the freedom to calculate and apply interest when it suits you.

Calculate. Apply. Reverse

Interest that is calculated on your overdue accounts is easily applied as an invoice within Xero and a customer adjustment within Sage - this gets applied to your customer statements. Easily reverse interest that has previously been applied.

Interest Rates

Set your default interest rate that is applied across all your client invoices. You can also set custom interest rates for individual clients. Easily ignore clients so that they are not included in any interest cycles.

Data is Power

We keep a history of all your previous interest cycles to give you the power of data when you need it the most.

You have the freedom to calculate and apply interest when it suits you with EasyInterest
EasyInterest features real time sync with Xero Accounting and Sage Accounting so you have the freedom to easily calculate, apply and reverse your interest when it suits you.
Realtime sync with your Xero Accounting or Sage Online Accounting Profile

All changes on your accounting profile and on our platform are synced instantly, ensuring you are never caught off guard. The setup remains simple, enter your Xero or Sage details, select your company and your interest accounts and start charging interest.

It is best practice to have all payments allocated daily on Xero and Sage, and the unallocated receipts report to be cleared weekly.

Communication is key

Utilise the SMS and email options to ensure your debtors are adequately informed at all times. If they are responding (positively or negatively) to your request for payment the process is working.

You have the freedom to communicate with clients individually or to use our bulk email and SMS functions.

You have the freedom to communicate with clients individually or to use the EasyInterest bulk email and SMS functions.

You've got questions. We've got answers

Customer Management

Yes, a custom percentage can be applied to a client in the client section, search for the applicable client, click the edit icon and amend as required.

Yes, under the client section you can search for the client and click on “Ignore” the client will then be excluded in the interest run.

Yes, in the client section you can edit your communication preferences. Search for the applicable client, click the edit icon and amend as required.

EasyInterest will only sync debtors that are overdue, so 30 days+. We do however reflect the total of current debtors on the dashboard. It is important to ensure that the totals outstanding on the homepage (as per the EasyInterest dashboard) ties up with your accounting software balance.

You can resync data between your accounting software and EasyInterest if you have recently made changes on your accounting software.

Account Management

You need not create a new account, you can add a profile under Account>Company profiles.

You will need to reauthenticate your accounting software and select the company from the dropdown list.

Important to note that all profiles linked will be billed by using the billing information provided on initial setup.

Yes, the rate can be amended under Account>Profile Settings.

Under Account>Company profile, click on the profile you wish to amend, here you will have the option to update your accounting software authorisation.

We are currently integrated with Sage Business Cloud Accounting and Xero. You can request a custom integration by reaching out to support.

Interest Runs

It is extremely important that all bank accounts are up to date and reconciled before performing an interest run. You can reverse interest on a single debtor as needed.

EasyInterest only calculates interest on customer accounts currently.

Yes, bulk reversals can be actioned under the History section on the side menu. This will display a list of all previous interest runs, together with a Reverse option.

Yes, individual interest reversals can be actioned under the History section on the side menu, you would need to open the specific interest run and select a debtor to reverse.

There can be various reasons for this, the most common reason is the fact that opening balances in your accounting software are not included on our dashboard. Please contact our support team so we can investigate on your behalf.