Receivables.nz tools · Free
Late payment
calculator
Estimate what is owing across overdue invoices, including the contractual interest and potential recovery costs you enter.
How the estimate works
Interest is calculated as simple daily interest on each outstanding balance, using the annual rate you enter and a 365-day year. The calculation starts on the due date and runs to the date selected above. It does not add interest to interest.
Use your agreement
Enter the rate and recovery charges in your contract. Whether interest or a recovery charge can be claimed depends on the agreement and the circumstances. This calculator is a guide only, not legal, accounting or credit advice.