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;
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…
is anyone from Xero ever going to answer this question?? it looks like it gets ignored often and would be such a great feature to be able to use on our constant offenders!!
To me this does not look like a very hard feature to be able to add as it is available and included in the price of most other accountancy apps and subscriptions these days.
I am at the point now, where I may have to start looking at changing over to another provider if that cannot be an option at some point in the near future.
Stuart Tilling
supported this idea
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is anyone from Xero ever going to answer this question?? it looks like it gets ignored often and would be such a great feature to be able to use on our constant offenders!!
To me this does not look like a very hard feature to be able to add as it is available and included in the price of most other accountancy apps and subscriptions these days.
I am at the point now, where I may have to start looking at changing over to another provider if that cannot be an option at some point in the near future.
Please advise if anyone dare at Xero!!