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Does the Interest Create a New Bill?

Objective:

  • Understand where the interest gets added to
  • Do Interest charges generate new Bills in Clio?
  • Why did my Bill Numbers suddenly get higher than expected?

Environment:

  • Clio Manage

Additional Information:

Creating new Bills for interest in the background in Clio assists Clio's sync with Xero and QBO (which uses a similar method for recording Interest).

Answer:

Yes, technically. While all interest charges appear on the original Bill, Clio creates hidden Bills for each interest charge. 

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