Late Payment Penalties client-side ?
How to use Late Payment PenaltiesThis tool estimates the penalties due on a late-paid B2B invoice. The calculation adds two parts: late-payment interest (unpaid amount × yearly rate × days late ÷ 365) and the €40 fixed recovery fee set by the French commercial code for each invoice. Enter the gross amount, the number of days late and the applicable rate.
If no rate is stated in the contract, the legal minimum is three times the statutory interest rate; failing that, the ECB rate plus 10 points. The result is indicative and computed locally in your browser.
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This tool estimates the penalties due on a late-paid B2B invoice. The calculation adds two parts: late-payment interest (unpaid amount × yearly rate × days late ÷ 365) and the €40 fixed recovery fee set by the French commercial code for each invoice. Enter the gross amount, the number of days late and the applicable rate. If no rate is stated in the contract, the legal minimum is three times the statutory interest rate; failing that, the ECB rate plus 10 points. The result is indicative and computed locally in your browser.
Compute penalties on an unpaid B2B invoice.
How to use Late Payment Penalties
This tool estimates the penalties due on a late-paid B2B invoice. The calculation adds two parts: late-payment interest (unpaid amount × yearly rate × days late ÷ 365) and the €40 fixed recovery fee set by the French commercial code for each invoice. Enter the gross amount, the number of days late and the applicable rate. If no rate is stated in the contract, the legal minimum is three times the statutory interest rate; failing that, the ECB rate plus 10 points. The result is indicative and computed locally in your browser.
Frequently asked questions
How are penalties computed?
Interest = amount × yearly rate × days late ÷ 365, plus the €40 fixed recovery fee per invoice (French commercial code).
Is this legal advice?
No, it's an indicative estimate. For actual recovery, refer to your terms and, if needed, a professional.