Enabling and setting interest rates

You can add and adjust the penalty for late payment in a special Interest Rate block. The interest calculation settings can be changed directly in the account card or in the Billing section.

  1. Open the ADMINISTRATION section.
  2. Choose BILLING.
  3. In the Interest rate block, click the Enable button.
  4. Select the interest type: compound or simple.
  5. Specify the annual percentage rate.
  6. Set the number of days for the period.
  7. To save changes, click on the Save button in the lower right corner of the screen.