Xero is InvoiceNow-ready online accounting software

Xero is InvoiceNow-ready which can speed up your invoicing process, helping you get paid faster for healthier business cash flow. InvoiceNow is free to use with your Xero subscription - learn more about the benefits and the simple steps to get started!

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What is InvoiceNow?

InvoiceNow is the ability to send an invoice digitally between the accounting systems of business suppliers and buyers. Unlike sending a PDF file or online invoice via email, the invoice is automatically sent to a buyer’s accounting system through a secure network. So there’s no need for the business to manually handle the invoice. It also works if the two accounting systems are different, because an international standard (Peppol) allows these systems to ‘speak’ to each other.

How does InvoiceNow work in Xero?

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Sender

The sender creates an invoice in Xero

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Transfer

The invoice is sent via the secure Peppol e-invoicing network

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Recipient

The customer sees the invoice within their accounting system, ready to be approved and paid

Get S$200 with the E-invoicing Registration Grant (ERG)

The Infocomm Media Development Authority (IMDA) of Singapore announced the E-Invoicing Registration Grant that provides businesses with a one-time payment of S$200 (terms and conditions apply) upon first registration to the Peppol network.

Step 1: Ensure your business is incorporated on or before 25 March 2020

Step 2: Sign up for Xero’s InvoiceNow-ready online accounting software

Step 3: Register your business on the Peppol network before 31 December 2020 - just follow these simple instructions.

Step 4: That’s it! You’ll receive a one-time payment of SS$200 (per UEN) from IMDA.

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What are the benefits of InvoiceNow to business owners like me?

1. Invoices won’t get lost in the mail

InvoiceNow ensures invoices are received directly in the other party’s accounting system, so they won’t get lost in the post or in your customer’s email folder.

2. Less admin work = more time saved

When you use Xero’s InvoiceNow-ready online accounting software and register on the Peppol network, the e-invoices you receive appear automatically as a draft bill, in Xero, for you to approve. This eliminates the need for manual data entry, and reduces the risk of errors.

3. Get paid faster

When you make it easier for your customers to pay you by using InvoiceNow and issuing invoices with Xero’s online invoicing feature, you can get paid faster. Xero customers who use online invoice payments (and include an online payment option) get paid up to 25 days faster than those who don’t (Source: Xero internal data, 2019 to 2020).

Register for InvoiceNow in minutes

Step 1

Visit this page (https://connect.invoi.ci/signup/integrate) and click Connect to Xero. Log in to Xero using your Xero credentials.

Step 2

Click Allow access and choose the Xero organisation to connect to Invoici from Storecove.

Step 3

Invoici collects organisational information from your Xero organisation. Review this information and ensure that a unique company identifier is entered in the appropriate field. This should be your organisation’s UEN (Unique Entity Number).

Step 4

Once you’re happy the information is correct, tick the checkboxes and click Confirm Details.

You’ll see confirmation that your Xero organisation is now connected to the Peppol e-invoicing network.

Step 5

Ensure your business is registered for PayNow Corporate as payment for the E-invoicing Registration Grant of S$200 will be disbursed via PayNow Corporate by the IMDA (terms and conditions apply). Visit your banking provider’s website to find out how to register for PayNow Corporate.

Or download our handy guide on how to register for InvoiceNow.

Download guide
e-invoicing

Ready to use InvoiceNow in Xero?

Just follow these simple instructions on how to send and receive invoices on the Peppol e-invoicing network.

See instructions

Other Xero features that will simplify your business

Direct bank connections

Xero connects with major banks like DBS, HSBC, OCBC and UOB in Singapore so your transaction data gets sent direct from your bank into Xero.

Learn more

800+ third-party apps

Payroll, HR, inventory, time tracking, expenses and more all integrate with Xero.

Learn more

IRAS tax compliant

Make life simpler with automatic GST F5 calculations for easy IRAS filing.

Learn more

Get started on Xero

Xero’s InvoiceNow-ready online accounting software costs as low as US$20 a month

Starter

$ 99 USD / Month

Premium

$ 99 USD / Month

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Frequently asked questions

Accountant or Bookkeeper in a firm?

Learn more about how Xero’s InvoiceNow-ready online accounting software can help you build a more efficient practice and support your clients better.

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