Managing customer payments is a critical aspect of running any European business, whether you operate in Dublin, Amsterdam, Berlin, Paris, or Madrid. Late payments disrupt cash flow and hinder growth for SMEs across the European Union. EasyInterest provides 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 a trusted cloud accounting platform relied on by growing small and medium-sized enterprises across key European hubs — from Dublin and Munich to Barcelona and Rotterdam. Integrating EasyInterest into your existing Xero workflow supercharges your credit control, simplifies cross-border invoicing, and protects your bottom line — all within your primary financial management tool.
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.