You can now create multiple late fee rules per property to match your lease terms. Stack rules to set up tiered structures like 5% for days 1-5, then 10% for days 6-10. We also added monthly recurring fees alongside daily and weekly options. Find late fee settings in Feature Settings, on a property's Charges tab in the More dropdown, or by typing "late fee" in the search box.
Find more information in this help article: How to Automatically Create a Late Fee Charge