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.