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767 votes
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…
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Tjaart van der Walt
commented
Xero is increasing the sub costs again, but there has been nothing new for us for years. While your developers are sharpening their Tetris skills, your customers are struggling to live with the pain that is Xero.
PLEASE - AT LEAST LET US TO DO IT OURSELVES
If you could give us a custom field in the Statements template, we could put the interest in ourselves (but of course you don't have a custom field).
If we could get the statements via the API, we could pull the statement apart and add the interest (but of course you can't get the statements via the API and it is only available in pdf in the front-end).
If we could use the API to get the data used to calculate the statement lines, we could also build the statements ourselves (but of course that is also too hard for Xero).
Tjaart van der Walt
supported this idea
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4 votesTjaart van der Walt
supported this idea
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Well looking at the type of features Xero release now, we should change strategy.
So Xero,
1) Interest on late payments as a feature is completely unimportant. Even though Xero is the only accounting system on the planet that doesn't support this, please don't spend any precious development time on this.
2) Please focus on features without which we cannot run our business like a preview panel for reports or an alert when I am stupid enough to pay someone twice. Maybe a button that makes a funny sound.