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How to add/update default information on invoices (late fees, tax rate, etc.)
How to add/update default information on invoices (late fees, tax rate, etc.)

Exploring how to apply default information on your invoices (transaction fees, late fees, etc.)

Updated over 2 months ago

To streamline your workflow across invoices, you may be interesting in setting up some default values. Rest assured, this is an easy process and can be accomplished in a few steps!

To add/update default information on your invoices:

Here you can update the following information to be set as the default across your invoices:

  • Default Late Fee (%) - here you can add your default late fee across invoices. Please note: late fees are added to the invoice total the day after a due date has passed, then every month thereafter.

  • Default Tax Rate (%) - please note: additional taxes are calculated based on the invoice subtotal minus any applied discounts.

  • Days Until Due - This will represent the default days after the invoice issued date before it is overdue. Bonsai's default setting is 1 month.

  • VAT/Tax ID Number - If you require a VAT/Tax ID Number, you can set your default value for new invoices.

  • Default Note - here you can include a customizable note for your client. This can include a thank you message or any other relevant details regarding your invoicing process.

Once you have completed this process, select 'Save Changes':

Please note: once you have applied these default values, they will only apply to invoices created moving forward.

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