EU Late-Payment Interest
Auto-compute statutory commercial-debt late-payment interest at the per-country reference rate plus the EUR 40 recovery indemnity (Directive 2011/7/EU: FR/BE/NL)
EU Statutory Late-Payment Interest (FR / BE / NL)
Key Features
EU Late-Payment Reference Rate
EU Late-Payment Reference Rate. Tracks Valid From, Valid To, Annual Rate (%), Legal Basis.
EU Late-Payment Interest Statement
EU Late-Payment Interest Statement. Tracks Customer, Statement Date, Contractual Multiplier, Indemnity / Invoice, Apply Recovery Indemnity. One-click collect invoices, confirm, close, reset reset to draft, recompute.
EU Late-Payment Statement Builder
EU Late-Payment Statement Builder. Tracks Minimum Overdue (days), Contractual Multiplier, Apply Indemnity, Limit to Customers. One-click build.
EU Late-Payment Statement Export
EU Late-Payment Statement Export. Tracks Statement, File, File Name. One-click export.
EU Statutory Late-Payment Interest (FR
EU Statutory Late-Payment Interest (FR / BE / NL)
Directive 2011/7/EU on combating late
Directive 2011/7/EU on combating late payment in commercial transactions gives creditors the right to charge statutory default interest and a fixed recovery indemnity (EUR 40) on overdue B2B invoices.
The applicable reference rate differs
The applicable reference rate differs per Member State; this module ships per-country rate tables (France, Belgium, the Netherlands) and computes the interest day by day across the periods an invoice is overdue.
the UK-rate `gb_late_payment_interest`), this app
the UK-rate `gb_late_payment_interest`), this app keeps a country dimension so a multi-country business charges each debtor the correct national rate.
Use Cases
Screenshots
Build Statements
Export Statement
Reference Rates
Interest Statements
Why Choose This Module
Key features Per-country rate tables — FR (Art. L441-10 commercial rate: ECB refi + 10 points), BE (interestvoet betalingsachterstand handelstransacties) and NL (wettelijke handelsrente) seeded per semester / half-year, each editable. On the invoice — a Late-Payment Interest tab on each posted customer invoice shows live overdue days, accrued interest, the EUR 40 indemnity and total claimable, with a one-click Create Interest Statement button. On the customer — partner smart buttons open the interest statements and show accrued late interest across open invoices. Interest calculator — day-count (actual/365) accrual across every rate period the debt spans, with a configurable optional contractual multiplier. Recovery indemnity — the EUR 40 fixed compensation per invoice, with the supplementary-cost reservation note. Statements & lines — build an interest statement per partner from the open overdue invoices, with one line per invoice showing principal, overdue days, interest and indemnity.
Specifications
- Compatible: Odoo 18.0 / 19.0
- License: OPL-1
- Languages: English
- Author: Pokutsoft
- Dependencies: account
- Support: support@pokutsoft.com
Update date: 2026-07-02