Settings and activity
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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.
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Peggy Couper-Woods
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An error occurred while saving the comment Peggy Couper-Woods
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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.