Settings and activity
1 result found
-
207 votes
Thanks for all your feedback around being able to issue progress payments on sales invoices.
Right now as noted by others in the idea, one option for processing progress payments in Xero could be to use a draft invoice to keep track of the total amount, and using Copy to create new invoices for each progress payment, linking them back to the original project or quote in the description. It’s not a perfect solution, but may help manage the process.
We've been listening to your feedback and know there are multiple ways businesses operate - and we're exploring solutions for these workflows such as progress payments, and additionally, the ability to accept a deposit from a single invoice.
While we're unable to provide timeframes around this just yet, please know that this is a priority to us and we'll keep you updated on the progress through this idea.
An error occurred while saving the comment 
Peggy Couper-Woods
supported this idea
·
An error occurred while saving the comment Peggy Couper-Woods
commented
This is so incredibly frustrating. We often request progress payments as we are a small business and cash-flow is vital. Our current work around is to create a document in Word, update payments (by date) and type in the balance owing.
Crazy that this has not been made an essential option. We pay enough for Xero but we are doing extra work that should be part of the package - particularly for small businesses. Come on Xero - let's get a move on!
We are often looking to produce progress payment invoices based off the total quoted/accepted amount. Each progress payment invoice should then detail any amounts received against the total amount, as well as invoicing for the next amount due and in effect, give a running balance. Seems crazy that this is not something Xero have considered. Please product team, investigate this option as I'm sure plenty of people would benefit from this feature.