Late Cancel Fees give you the ability to allow clients to cancel a class after the cancellation window has closed in order to open up a spot for other clients.
Late Cancel Fees only apply to classes, they do not apply to appointments.
To enable Late Cancel Fees go to Tools > Profile > Settings > Scroll down to Late cancel Fees
You can set custom late cancel fees on any class on the "More Details" tab of the class. Simply go to a class, click edit, go to the second tab, and then add a custom Late Cancel fee option