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…
Brenda, it is important that xero remains competitive within its market, their products and services especially so. The fact that there are other companies achieving this feature and they have seen the gaint hole in xero so they have made it an app to pay for and use within xero, shows the complete failer of xero listening to their customers.
This thread has gained a fair amount of traction in the last few weeks, xero are even failing to acknowledge it with an update.
Chris Verhoeven
commented
Brenda, it is important that xero remains competitive within its market, their products and services especially so. The fact that there are other companies achieving this feature and they have seen the gaint hole in xero so they have made it an app to pay for and use within xero, shows the complete failer of xero listening to their customers.
This thread has gained a fair amount of traction in the last few weeks, xero are even failing to acknowledge it with an update.