Re: Is there a way to make partial payments towards an invoice?
Posted
05-28-2020
Hi there, @LiaJmt - thanks for adding your voice here and checking in on this feature! Good to hear from you. Same to you, @BIONICONE - welcome!
You may be looking specifically for our newly introduced Deposit Feature for Invoices. This will also allow you to create a single invoice to track multiple payments and reduce the amount of time you have to spend reconciling multiple payments (deposit, follow-up payments) to a single transaction or sale.
Can a customer pay payments on an invoice until it is paid in full? For example, the invoice is $1,530.00. I know I can set up a deposit for the invoice. But can the customer pay installments via the invoice, like 6 installments of $255.00 or if the customer wants to pay the balance earlier, can they pay three payments of $255.00 and one final payment of $765 using one invoice sent to the customer for $1,530.00?
I do not believe this is possible. The only workaround that I can think of would be to set up recurring invoices with a predetermined amount. Not the best solution, but it would work. If your customer is comfortable with it, you could even allow them to keep their card on file for you to charge on a recurring basis until the amount due is paid in full.
Right on—thanks for helping out with this request, @ACAcatering.
Welcome to the Seller Community, @DFC! I also wanted to surface our installments option which allows you as the seller to get paid up front. For more details on how it works, have a look at this post: Introducing Square Installments. I realize that this may not be ideal for all types of products and services, so I'll be surfacing this post with our Invoices Team. They continue to iterate based on seller feedback.
Keep in touch and let us know if you have any further questions.
I would LOVE to be able to send an invoice and have a client make partial payments as they wish. I am a wedding photographer, so I regularly send out decently sized invoices, and my clients are already making payments for pretty much everything else; the ability to follow the link on the invoice and pay $500 or $1500 toward the balance would be amazing.
Related, the "deposit" terminology has me nervous. In my line of work it's a "retainer" and though it's referred to properly in my contracts, my lawyer said the line on the invoice could be problematic if an issue ever came up.
For those reasons, I encourage most clients to pay by check, even though cards (and Square) are more convenient for all of us. You're missing out on more than half my business!
Is this any closer to being finished? My clients want the option of paying portions of their invoices when it's convenient to them and not on a recurring bill and putting it as a deposit on the invoice doesn't really work. My clients can pay in advance for the work not completed by me yet. I find this to be the only thing missing from Square. I see it was in the works last year??
