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215 votes
Hi community, we wanted to provide an update as we've been working on development for accepting deposit payments(another highly voted idea).
This week we began rolling out a solution for deposits powered by Stripe to a limited group of users. We know this functionality will also bridge the gap for customers in this idea, and have included anyone that's voted here and is connected to Stripe in this early rollout. We'd love to hear your feedback - You'll receive a banner in your organisation on how to use this feature.
I'll be back again with more news as the rollout progresses. 😊
Dushyant Sapre
supported this idea
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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.