Settings and activity
4 results found
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405 votes
Hey community, we want to acknowledge all the feedback you’ve provided on this idea. We know from your comments here and through other channels that taking deposits or partial payments on invoices is a crucial part of the workflow for many businesses, whether it's to cover initial costs or to confirm a new project.
In terms of current options, within Xero there is the ability to create prepayments. Alternatively there are some third-party apps that serve these needs, too.
However, we do want to share that our product team is actively working on a solution that'll allow you to request and accept deposit payments.
While we can't give specifics on a timeline as yet, please know that this is a priority for us. We're grateful for the detailed feedback you've provided so far, which has been invaluable in getting us to this point.
We’ll be sure to keep you updated…
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Selwyn Gishen
commented
You are making yourselves look foolish for not addressing this essential feature. Please take a look at how this is done in Quickbooks, if you still do not understand the necessity to take part payments from customers.
Selwyn Gishen
supported this idea
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An error occurred while saving the comment Selwyn Gishen
commented
This is a no-brainer requirement. We need to receive partial payments. If QB can do it so can we, surely!
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214 votes
Hi community, thanks for your support and engagement on this idea. We acknowledge your desire for enhancements in how you can Budget and forecast reporting within Xero, and being able to mirror custom Profit & Loss report layouts you've created.
While we understand the needs expressed by you here, we want to be open that we don't have immediate plans for developing this tool.
We're continuing to look ahead and assess the base needs of our customers when it comes to budgeting and working in Xero and will keep you updated of any upcoming developments that could support in your needs here. Thanks for your continued feedback and support through Xero Product ideas.
An error occurred while saving the comment Selwyn Gishen
commented
If you are going to add this kind of feature why not do it properly the first time? The budget should follow the same format as the chart of accounts or the income statement.
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92 votesSelwyn Gishen
supported this idea
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180 votesSelwyn Gishen
supported this idea
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There is a workaround that I use. If you require a deposit, say 50% on a charge of $1000 for example, create your invoice and specify the total amount for the job you are charging but for quantity put .5. The amount actually invoiced will be $500. Then use the repeat invoice function to automatically send another invoice in 30 days or whenever. An extra step but it works perfectly fine. You can can use different quantity percentages, such as .25, .1 etc if you offer multiple payments over time.