You can define a late fee policy for your organization to be managed anytime.
Note: Only the school administrators and teachers can create or edit the late fee policy.
To manage the late policy, navigate to My Account > Profile > Late Fee Policy tab.
You will arrive on the Update Late Fee Policy page where you can view and modify the late fee policy. If you do not already have a late fee policy inside the text box under the Policy section, you can add your policy here. Select the Display Late Fee policy on Invoice option to display your policy on the invoice.