Billing & Taxation - Frappe Lending

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Billing & Taxation

Loans come with additional costs—processing fees, penalties, and documentation charges—that need to be tracked and applied correctly. Manual handling can lead to errors, missed charges, or compliance issues. Frappe Lending simplifies billing and taxation by automating charge application, invoicing, and tax calculations, ensuring accuracy and transparency at every step.

Create and apply charges

Generate invoices and credit notes

Assign taxation rules

Create and apply charges

A loan isn't just about the money borrowed—there are various fees along the way. You can set up all kinds of charges in Frappe Lending, like processing fees, early payment penalties, paperwork costs, and insurance fees. Once you set the rules, these charges get added automatically at the right time, so you never miss collecting a fee or make mistakes in calculations.

Generate invoices and credit notes

Each charge needs to be properly recorded and communicated to borrowers. Frappe Lending generates invoices linked to the loan, ensuring that all charges are clearly documented and visible to both lenders and borrowers. If adjustments are needed—such as waiving a charge or refunding an incorrect payment—credit notes can be issued effortlessly, maintaining complete transparency in your billing records.

Assign taxation rules

Nobody likes tax headaches, but they're part of the business. Instead of manually figuring out tax rates for different charges, you can set up your tax rules once in Frappe Lending. Whether it's GST, VAT, or other taxes, they'll be automatically calculated and added to your invoices. This keeps you on the right side of tax laws without all the mental math and double-checking.