Settings and activity

2 results found

1. Sales Invoices - Add interest to late invoices (including paid/part-paid Invoices)

   1,070 votes

   vote vote vote vote

   We're glad you're here

   Please sign in to leave feedback

   Signed in as (Sign out)

   Close

   Close

   vote

   We’ll send you updates on this idea

   268 comments  ·  Invoices & quotes » Invoicing  ·  delete…  ·  Admin →
   How important is this to you?

   Not at all You must login first! Important You must login first! Critical You must login first!

   We're glad you're here

   Please sign in to leave feedback

   Signed in as (Sign out)

   Close

   Close

   Submit Rating
   Accepted  ·  AdminKelly Munro (Community Manager, Xero) responded

   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 today;

   • Include detail of any charges for late payments to your invoice template Payment terms & details, and
   • Edit and add a new line to your invoice to add the late fee - you could make use of Xero's inbuilt calculator for this, or
   • Edit and add a 'mark up' to each line of your invoice - again Xero's inbuilt calculator could help with calculating the amounts
   • Explore Xero's app store to see if you can find an integration that works for your business needs
   • In an effort to prevent late payment of invoices Credit limits may help in being able to prevent customers raising too much debt with your business

   We appreciate the options above don't automate the full process of what you're asking here, and we will share if there's any news. Thanks

   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… more

   Ferdinand Meyer supported this idea  ·  17 November, 2022

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

   227 votes

   vote vote vote vote

   We're glad you're here

   Please sign in to leave feedback

   Signed in as (Sign out)

   Close

   Close

   vote

   We’ll send you updates on this idea

   117 comments  ·  Invoices & quotes » Invoicing  ·  delete…  ·  Admin →
   How important is this to you?

   Not at all You must login first! Important You must login first! Critical You must login first!

   We're glad you're here

   Please sign in to leave feedback

   Signed in as (Sign out)

   Close

   Close

   Submit Rating
   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.

   An error occurred while saving the comment
   Ferdinand Meyer commented  ·  10 November, 2022  ·  Edit…  ·  delete…

   Xero. Please we only invoice on progress payment. Xero please assist URGENTLY

   Save Submitting...
   An error occurred while saving the comment
   Ferdinand Meyer commented  ·  13 October, 2022  ·  Edit…  ·  delete…

   When will this be available pls

   Save Submitting...
   Ferdinand Meyer supported this idea  ·  13 October, 2022
   An error occurred while saving the comment
   Ferdinand Meyer commented  ·  11 October, 2022  ·  Edit…  ·  delete…

   We only do progressive invoicing, where you charge your customer for a percentage of the total owed each time.

   Save Submitting...