Managing customer payments is a crucial aspect of running any Aussie business, whether you operate in Sydney, Melbourne, Brisbane, or Perth. Late payments disrupt cash flow and hinder growth for small businesses across Australia. EasyInterest offers a powerful, automated solution that seamlessly integrates directly into your Xero accounting platform to calculate and apply interest charges on overdue accounts effortlessly.
Calculate how much interest you could be charging on your outstanding balance
Xero is Australia’s leading cloud-based accounting platform, built to support small and medium-sized businesses across every state and territory. Integrating EasyInterest into your existing Xero workflow allows you to supercharge your debt collection processes, protect your bottom line, and maintain healthier cash flow — all within your trusted accounting ecosystem.
Start by creating your EasyInterest account, adding your business details, and syncing your Xero Cloud account. All your debtors will be populated from your Xero profile.
Set your business terms, such as the default interest rate and/or custom interest rates according to individual customer accounts. You can also select if customer accounts should be ignored from receiving interest.
Calculate interest on outstanding customer balances and apply the interest to your Xero Account in a few steps. You have the power to reverse interest previously applied to a customer’s account.