Cash flow
Late-payment interest you can charge
The interest you can legally add to an overdue invoice, and the line to paste on it.
Your inputs
€
days
12.50%
What you're owed
Interest accrued€102.74On the overdue amount
Fixed recovery cost
€40.00Total now due
€5,142.74Paste this on the invoice
Overdue amount: €5,000.00. Late-payment interest at 12.50% p.a. accrued over 60 days: €102.74. Plus €40.00 fixed recovery cost. Total now due: €5,142.74.
IT: interessi di mora = ECB reference rate + 8 points (D.Lgs 231/2002) + a €40 fixed recovery cost. Update the rate to the current ECB half-year figure. US and elsewhere: match the late-fee clause in your signed contract and your state's maximum rate. Not legal advice.