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  1. Sales Invoices - Issue progress payments on invoices for project/instalment

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    117 comments  ·  Invoices & quotes » Invoicing  ·  Admin →
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    In development  ·  AdminKelly Munro (Community Manager, Xero) responded

    Hi everyone, we'd like to share an update with you all.

    We've begun release of a deposits solution powered by Stripe to a small group of customers, and expect to roll this out over the coming months.

    We appreciate progressive payments for businesses that work on more of an instalments flow is a little more complex than what will be available initially with deposits.

    We do have intentions to expand on this feature overtime, and I'll continue to keep you updated with further news on deposits and progress payments.

    Laurence Brown supported this idea  · 
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    Laurence Brown commented  · 

    We regularly have preset stage payments in our quotes but they're only in the Ts&Cs part of the print template. We really want to allow the sales team to set payment terms in the quote that pull through to the job and to invoicing (eg 40% with order, 50% on project completion, 10% customer retention)