Reducing the time it takes to get paid can make all the difference to your cashflow and help you to meet your commitments on time.
Xero already makes it easy to raise invoices, send them by email then follow them up with a statement. But with our update today, you can now offer your customers the ability to pay your invoices online using their credit card.
By using a free PayPal account, you can now add a ‘Pay online now’ link to all your invoices, allowing your customers to pay using VISA, Mastercard, American Express or PayPal (PayPal feeds apply on credit card transactions). PayPal will automatically notify you by email when payment is received from a customer. Find out more in help or watch the short video below.
This is a great payment option for businesses that don’t have credit card facilities (like Holiday Rental Properties) or businesses that have international customers or who are selling consumers or expense claimable size products & services and with our multi-currency module (coming in early 2009) you will be able to invoice in foreign currencies and reconcile your PayPal account directly inside of Xero.
Other updates released today include:
- With our Global version you can configure your own sales tax rates
- Pay or receive a refund against a credit note
- Australian users can now import their chart of accounts from MYOB
Read the full release notes here.