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Automate your reminder process and get your money on time

Upgrade Odoo Enterprise with intelligent interest calculation and reminder management that ensures your cash flow completely automatically.


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Interest calculation

With VK DATA's advanced interest calculation module and extended reminder management, you can automate and streamline the invoicing process, ensuring faster payments and improving the company's cash flow.

Description 
Retur til modulside 

Versions

 19.0 
 18.0 
 17.0 
 16.0 
 15.0 


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3rd party module - interest calculation by VK DATA ApS
Are you also wasting valuable time on manual reminder procedures?
Sending reminders and calculating interest on late-paid invoices is often an administrative bottleneck. Many companies lose liquidity because the reminder process is delayed, or because it is too complicated to calculate correct interest according to the interest law.

The solution is VK DATA's specially developed interest and reminder management module for Odoo.

We have built a fully integrated extension that takes the heavy load off you. The module automatically monitors your receivables, applies the correct interest based on your agreements or applicable legislation, and sends professional reminders directly to the customer – completely without manual intervention.

Basic module

This basic module provides all the necessary tools for effective interest management in Odoo. It includes:

  • Konfigurerbar Rentesats: Giver mulighed for tilpasning af rentesatser tilpasset jeres specifikke forretningsbehov.
  • Daglig Renteberegning: Sikrer nøjagtig og rettidig beregning af renter baseret på daglige satser.
  • Custom-designed features to handle interest calculation for private customers with special needs.
  • Simulering af Renteberegninger: Tilbyder en prøvekørsel af renteberegninger, hvilket er ideelt til finjustering før fuld implementering.
  • Håndtering af Delbetalinger: Giver mulighed for nøjagtig beregning og opfølgning på delvise betalinger på enkelte fakturaer. 

Why choose our Odoo interest calculation module?

  • Automatic interest calculation: The system automatically calculates interest on overdue invoices based on either standardised interest rates (e.g. the Interest Act) or your own customer-specific agreements.
  • Dynamic reminder procedures: Set up customised reminder processes with different intervals, fees, and languages, so the reminder fits precisely to the customer type.
  • Improved liquidity and cash flow: By automating the process, you shorten your "Days Sales Outstanding" (DSO) and ensure that you get your money into the till faster.
  • Full integration with Odoo Finance: No external systems or cumbersome import/export. The module works directly with your existing Odoo Enterprise accounting.
  • Legal compliance: The module ensures that your reminder fees and interest rates comply with applicable legislation, so you never send illegal charges.
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Frequently asked questions about Odoo Interest Calculation

Here are some frequently asked questions about our company.

The module can be set up to either follow the official National Bank's lending rate + the mandatory supplement (the Interest Act) or a fixed percentage that you define in Odoo per customer group or specific debtor.

Yes. You can easily set up the module to automatically add the permitted reminder fee (e.g. 100 DKK in Denmark) on reminders 1, 2, and 3 in accordance with the legal deadlines.

No, the module is developed as a plug-and-play extension for Odoo Enterprise. VK DATA's experts will assist you with the initial configuration and testing, so you are up and running in minimal time.

Yes, the module supports multilingual reminder templates and calculates interest in the currency in which the original invoice was issued.