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  1. 1,092 votes

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    Hi everyone, a year on from my last engagement we wanted to provide an update for you all here.

    As many will be across we're in the midst of making a lot of iterations and improvements to new invoicing leading up to the retirement of classic invoicing in September (2024).

    We have a fair amount of work lined up in the teams schedule over the coming months and to give an indication there isn't any committed plans around a function to add interest to invoices.

    That said, we do have a team that have picked up and are considering how we might solve this with the technology in new invoicing - It's early days on this yet, but I'll share if there's any progress on this for you all here.

    In the meantime, as has been shared by others over time there are a few ways you could accomplish this…

    An error occurred while saving the comment
    John Hart commented  · 

    A Solution for Late Payment Interest and Fees (Including Part-Paid Invoices)

    Hi everyone,

    I noticed this feature request and wanted to share a tool that could help: https://stagepay.app/late-fees

    StagePay automates the process of applying late fees and interest to invoices, saving you time and ensuring nothing gets missed. Here’s how it tackles the issues mentioned:

    Automatic application of late fees and interest—choose between flat fees, percentages, interest rates, or even multiple concurrent late fees and interest charges.

    Handles part-paid invoices seamlessly by applying fees or interest only to the remaining unpaid portion.

    Customisable notifications and reminders—you can set up automatic emails or messages to notify clients when fees or interest are applied, along with payment reminders.

    Custom late fee and interest policies tailored to your business, so you’re always in control of how and when charges are applied.

    No monthly subscription cost—StagePay only charges a small transaction fee when your clients make payments by credit card.

    Everything happens seamlessly, with notifications sent to your clients as soon as a fee or interest is applied. No need to manually intervene or recreate invoices—it’s all automated and clear.

    If this sounds like something that could help, check it out at https://stagepay.app/late-fees

    Thanks

    John

    An error occurred while saving the comment
    John Hart commented  · 

    A Solution for Late Payment Interest and Fees (Including Part-Paid Invoices)

    Hi everyone,

    I noticed this feature request and wanted to share a tool that could help: https://stagepay.app/late-fees

    StagePay automates the process of applying late fees and interest to invoices, saving you time and ensuring nothing gets missed. Here’s how it tackles the issues mentioned:

    Automatic application of late fees and interest—choose between flat fees, percentages, interest rates, or even multiple concurrent late fees and interest charges.

    Handles part-paid invoices seamlessly by applying fees or interest only to the remaining unpaid portion.

    Customisable notifications and reminders—you can set up automatic emails or messages to notify clients when fees or interest are applied, along with payment reminders.

    Custom late fee and interest policies tailored to your business, so you’re always in control of how and when charges are applied.

    No monthly subscription cost—StagePay only charges a small transaction fee when your clients make payments by credit card.

    Everything happens seamlessly, with notifications sent to your clients as soon as a fee or interest is applied. No need to manually intervene or recreate invoices—it’s all automated and clear.

    If this sounds like something that could help, check it out at https://stagepay.app/late-fees

    Thanks

    John

  2. 239 votes

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    Hi team, I’m back again as the ability to accept deposits with Stripe has been released to the majority of regions (UK, US, NZ, AU SG, and CA) with sights set to get this to 100% asap.

    Additionally to the feature we first rolled out, we've now added a due date field that allows you to set a specific date you expect payment of the deposit to be received and will be visible when sent to your customer.

    Thanks again for your involvement in the idea here and helping us evolve Xero to better suit the needs of our customers.

    An error occurred while saving the comment
    John Hart commented  · 

    Hi Keith Electrical,

    I have inboxed you.
    This message shows when an invoice has been deleted or has been put back into draft status / editing.

    My details are in the email and I'll be happy to run through it over the phone if you like

    Thank you

    An error occurred while saving the comment
    John Hart commented  · 

    Hi All

    Just posting it here again, Stagepay offers a solution to this issue
    https://stagepay.app

    Thank you

    An error occurred while saving the comment
    John Hart commented  · 

    Hi @Anastasiia_Dorodnaia

    As of this morning we have just deployed a major update which has full multi currency support and will use the currency settings from your Xero account.

    We have also added features such as Late Fees, Early Payment Discounts, support for multi branding of invoices, more options for Invoice Stages such as fixed stage amounts along with percentage, plus new Automation features that use Xero customer groups for segmentation of invoices and workflows.

    We would also love to work directly with you to help setup your account or answer any questions you may have, we have a chat widget directly in app so you can chat with us anytime.

    Hope to speak to you soon

    Thank you
    John Hart

    Stagepay

    An error occurred while saving the comment
    John Hart commented  · 

    UPDATE:

    Hi everyone,

    I wanted to follow up and share a solution we’ve developed at Stagepay that could be beneficial for those looking to enhance how they manage payments.

    Why Stagepay?

    Payment Stages:
    With Stagepay, you can create payment stages for your invoices, allowing clients to pay only for the specific stage that’s due by card.

    Seamless Xero Integration:
    Stagepay is designed exclusively for Xero, ensuring a smooth and user-friendly workflow for sending invoices.

    No Subscription Fees:
    There’s no subscription cost—just a small transaction fee on credit card payments.

    Collaborative Beta:
    We’re currently in Beta and would love to have you on board to help us shape and refine the platform. Your feedback would be invaluable in creating a tool that truly meets your needs.

    If you’re interested in trying Stagepay, sign up at https://stagepay.app We’re excited to have you join us!

    Best,
    John Hart

    An error occurred while saving the comment
    John Hart commented  · 

    SOLUTION:

    Hey Everyone,

    I just thought I would jump in here and make you all aware of Stagepay. Stagepay addresses the issue of managing payment stages by allowing you to create them for your invoices. This way, customers can pay only for the specific stage that is due by card.

    There is no subscription cost—just a small transaction fee on credit card payments. Stagepay is currently in Beta, and we would love your help in creating something awesome. If you're interested in using Stagepay to send your invoices, we'd be thrilled to have you onboard.

    Stagepay is exclusive to Xero; we love Xero, and Stagepay works seamlessly with it to provide a user-friendly workflow for sending invoices.

    Hope to hear from you all soon!

    John Hart

    Go to https://stagepay.app to sign up

    John Hart supported this idea  · 
  3. 201 votes

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    Hi everyone, thanks for continuing to share the details behind your workflows here. We wanted to return with a meaningful step forward for this idea. As some users may have seen, we’ve released the ability to request a Deposit in Xero!

    Enveloped in this we recently made an improvement to this so businesses can now set a specific due date when creating a new deposit, and that due date is shown clearly on the deposit request your customer receives.

    We appreciate this doesn’t yet deliver the fuller outcome many of you describe here, such as multiple due dates across a full invoice, broader instalment-style payment schedules, or trade-term arrangements on a single invoice. But it's progress in this space.

    I’ll be back to confirm once Deposits is completely released to all markets and share how we plan to evolve this further.

    An error occurred while saving the comment
    John Hart commented  · 

    SOLUTION:

    Hey Everyone,

    I just thought I would jump in here and make you all aware of Stagepay. Stagepay addresses the issue of managing payment stages by allowing you to create them for your invoices. This way, customers can pay only for the specific stage that is due by card.

    There is no subscription cost—just a small transaction fee on credit card payments. Stagepay is currently in Beta, and we would love your help in creating something awesome. If you're interested in using Stagepay to send your invoices, we'd be thrilled to have you onboard.

    Stagepay is exclusive to Xero; we love Xero, and Stagepay works seamlessly with it to provide a user-friendly workflow for sending invoices.

    Hope to hear from you all soon!

    John Hart

    Go to https://stagepay.app to sign up

  4. 235 votes

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    Thanks for everyone’s continued support in this idea. We’d like to update here that accepting a deposit on an invoice is now live to all organisations that use Stripe in AU, NZ, UK, US, CA and SG with remaining regions soon to come.

    We know this doesn’t yet cover fuller progress-payment and instalment workflows, and we recognise those are important for many of you. We’ll keep returning here with more news as work in this space evolves.

    An error occurred while saving the comment
    John Hart commented  · 

    SOLUTION:

    Hey Everyone,

    I just thought I would jump in here and make you all aware of Stagepay. Stagepay addresses the issue of managing payment stages by allowing you to create them for your invoices. This way, customers can pay only for the specific stage that is due by card.

    There is no subscription cost—just a small transaction fee on credit card payments. Stagepay is currently in Beta, and we would love your help in creating something awesome. If you're interested in using Stagepay to send your invoices, we'd be thrilled to have you onboard.

    Stagepay is exclusive to Xero; we love Xero, and Stagepay works seamlessly with it to provide a user-friendly workflow for sending invoices.

    Hope to hear from you all soon!

    John Hart

    Go to https://stagepay.app to sign up

  5. 506 votes

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    Hi everyone, we’d like to round back to share an update that the ability to accept deposits has now rolled out to all AU, NZ, UK, CA, SG and US organisations, and we expect to make this available to remaining regions soon.

    Staying close to feedback from its release, our team have recently added a due date field in which you can select a specific date that payment of the deposit is expected if this differs from the Invoice due date.

    I look forward to looping back to finalise once we’re at 100% roll out of deposits, and give you a hint of where we’ll be expanding functionality next!

    An error occurred while saving the comment
    John Hart commented  · 

    SOLUTION:

    Hey Everyone,

    I just thought I would jump in here and make you all aware of Stagepay. Stagepay addresses the issue of managing payment stages by allowing you to create them for your invoices. This way, customers can pay only for the specific stage that is due by card.

    There is no subscription cost—just a small transaction fee on credit card payments. Stagepay is currently in Beta, and we would love your help in creating something awesome. If you're interested in using Stagepay to send your invoices, we'd be thrilled to have you onboard.

    Stagepay is exclusive to Xero; we love Xero, and Stagepay works seamlessly with it to provide a user-friendly workflow for sending invoices.

    Hope to hear from you all soon!

    John Hart

    Go to https://stagepay.app to sign up