Automate Complex Adjustments Without Touching Closed Books.
Early payment discounts, overdue interest and employee tip liabilities all handled automatically — as dedicated, traceable documents dated on the day the money moves.
Overview
Payment terms, early discounts, overdue fees and customer tips normally mean manual math and adjusting entries — and updating an overdue balance can quietly modify a closed accounting period. Every adjustment here is automated as its own traceable record, protecting closed books and keeping tax treatment correct.
Three adjustments, three clean documents
Early payment discounts
Settle inside the discount window and a credit memo is generated with an [Invoice]_CM suffix. Discounts prorate across taxable and non-taxable lines so that tax is correct.
Protected fee accruals
Late fees and interest accrue daily in the platform but never sync while unpaid, so uncollected amounts cannot alter a closed month. On payment, a dedicated [Invoice]_INT invoice posts dated to the payment date.
Employee tip processing
Tips recognize strictly on collection as an [Invoice]_TIP invoice dated to the payment, reconciling directly with merchant deposits. They stay out of operating revenue and sales tax, post to tip liability accounts, and are never deferred to unearned revenue.
Every related document, side by side
In the reconciliation view, discount credit memos, late fee invoices and tip records group automatically with their parent invoice — so your accounting team verifies the whole set in one consolidated view.
See the reconciliation toolHow it works
A client pays an overdue $1,000 invoice with $50 accrued interest and a $20 tip.
Prior closed periods are left untouched.
The original invoice settles for $1,000 in the accounting ledger.
Two linked documents are created and settled on the payment date: a $50 _INT invoice and a $20 _TIP invoice.