Trigger Zoho CRM task upon event in Zoho Invoice

Trigger Zoho CRM task upon event in Zoho Invoice

Hi there, 
I'm trying to set up a workflow:

Account balance is overdue by X days --> New task in Zoho CRM assigned to Account Manager.  
Can this be done?

Note: We already set up email reminders in Zoho Invoice yet our team would prefer tasks in the CRM. 

Thanks!

P.S.: A fantastic out of the box feature addition would be a color-coded status flag (e.g. Paid, Outstanding, Overdue, In Collection) on the account record in the CRM . Ideally in the "Receivables" column.