How can service businesses automatically add late fees or interest to overdue invoices?

Hello! At this time there's no way to automate adding interest or late fees to a past due invoices, those would need to be added manually as an additional line items. But it sounds like this function would help a lot of businesses with any outstanding client payments!

If anyone is open to sharing approximately what portion of their invoice payments are received past the due date, that would be really great information to share with our Product team.