Xero How To: Create A Recurring Invoice
In this quick video, I will show how to create a recurring invoice in Xero. Ideal for maintenance contracts, where Xero will automatically email an invoice to your customer each month, week or fortnight.
Creating A Recurring Sales Invoice
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Transcription
A recurring invoice is ideal for any business where you need to invoice clients the same amount to every month like a maintenance plan and set this up and Xero will automatically email an invoice to them each week, fortnight, month, year whatever you happen to decide as a frequency. So let’s look at setting up a recurring or repeating invoice in Xero.
So you go to Accounts à Salesà NEW à and on the dropdown menu click Repeating Invoice. So the first thing we have here is the scheduling details. So we can say we are going to do it once every week or month and we are going to invoice at the beginning of each month so starting 1 September in this case and the due date and we’re going to make it 7 days and we’re going to have it for the next year.
One of the things with this if you’re going to set up a recurring invoice or recurring payment details in say Eway where it automatically comes out of their credit card each month, you can set the invoice date as the same date you set it comes out of their credit card. Then we set up the customer details. In this case we’re going to invoice Cubeland and we are going to put in a purchase number which they have provided to us, it could be something else, the invoice number will be automatically generated. We are going to come back to this section in a little while.
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