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240 votes
Hi team, I’m back again as the ability to accept deposits with Stripe has been released to the majority of regions (UK, US, NZ, AU SG, and CA) with sights set to get this to 100% asap.
Additionally to the feature we first rolled out, we've now added a due date field that allows you to set a specific date you expect payment of the deposit to be received and will be visible when sent to your customer.
Thanks again for your involvement in the idea here and helping us evolve Xero to better suit the needs of our customers.
Dushyant Sapre
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Can Xero introduce a payment plan feature (optional) once the invoice is created. E.g Say the total value of the invoice is $20000 and we need the customer to pay in 10 instalments of 2000 each every month or based on a defined frequency. Currently, we have to manually track the due payments and send reminders to the customer for past due payments and upcoming payments as per payment plan. This is a cumbersome and time consuming process. If Xero can bring this capability, this will speed up the followup process and accounts receivables.