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

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    117 comments  ·  Invoices & quotes » Invoicing  ·  Admin →
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    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.

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    Glenn Michael commented  · 

    Yes, I have done repeat invoicing. The problem lies with numerous items on the invoice having to be split into how many repeats needed. An option of dividing all items on an invoice by the number of repeats. Or number of months payments are being made over. As Some invoices are well over 45k with seasonal income clients (farmers), payments can be necessary over 2,3,6 or 12 month periods. Though this is a type of fix ,it should be one invoice that is then divided and sent at predetermined payment times as the sales on repeat invoicing is calculated at the time of the repeat invoices, not the first invoice, which may be in the quarter that is in a certain tax year etc, so its far from Ideal.

    Glenn Michael supported this idea  ·