Online Invoicing with Xero

September 1, 2024

What is InvoiceNow?

InvoiceNow lets you send invoices directly from one financial system to another in a structured digital format through the Nationwide E-delivery network, based on Peppol. This enables automation, making invoicing smoother and speeding up payments. Both small businesses and large companies can benefit from faster invoice processing with no need for manual paperwork.

Send and receive e-invoices easily with InvoiceNow. Xero’s e-invoicing software allows you to exchange invoices between different business accounting systems using InvoiceNow. Work smarter with Xero’s easy-to-use invoicing software. With Xero, you can send invoices, automate reminders, and more, all from your desktop or mobile app. Handle your invoicing whenever it suits you and your small business.

Customize Online Invoices
Add your logo to give your online invoices a personal and professional look.

Offer More Payment Options
Improve your business by providing various payment methods for your customers.

Set Up Automatic Reminders  
Let us handle payment reminders for you, so you don’t have to chase them.

Create Invoices on the Go
Send invoices directly from your phone with our app. Find out more on how to send invoices easily with Xero.

Benefits of using InvoiceNow with Xero

  • Customize your online invoices easily with Xero. You can create and send professional invoices using Xero’s user-friendly software. Design one or more invoice templates, add your logo, set payment terms, and include a standard message or additional fields to fit your needs.
  • Make it simple for customers to pay online by using third-party payment services. When you offer more payment options, it benefits both your customers and your business. You can add a 'Pay Now' button to online invoices for one-click payments. With Xero, you can accept debit and credit cards, direct debits, and even card payments through Stripe and other services.
  • Set Automatic Reminders. Make it easier to follow up on payments by sending automated reminders to your customers. You can decide how often reminders are emailed, whether it's before or after the due date. Plus, you can easily track when each reminder was sent.
  • With the Xero mobile app, you can easily create and send invoices right from your phone or tablet. Add new customers whenever needed, track when a customer has viewed an invoice, and get instant notifications when you’ve been paid. While on the go, you can also check for any unpaid invoices directly in the app.

How to sign up to receive e-invoices in Xero

  • Connect your Xero account to the Invoici app, authorize with CorpPass, and register to send and receive e-invoices.
  • You must be in Singapore and have a Unique Entity Number (UEN) to register.
  • Each Xero account can only have one UEN, so it can only handle e-invoices for one entity.
  • You'll get a Peppol ID to share with suppliers so they can send invoices directly to your Xero account.
  • If your customer is on the Peppol network, you can send invoices directly to their accounting software.
  • Invoices are sent in a standard format, so they work with other systems, even if they don’t use Xero.
  • Electronic purchase orders (ePOs) from businesses or government agencies will appear as draft invoices in Xero.

Do I need a separate platform for e-invoicing in Xero?

No, you don’t. Xero is an accredited e-invoicing Access Point, and this is already included in your subscription. You can send and receive e-invoices directly within Xero without needing any extra services or add-ons.

However, you do need to register to receive e-invoices, which can be easily done in the "Bills to Pay" section of Xero with just a few clicks.

Managing Invoices with Xero

Managing invoices can take a lot of time for advisors, from chasing clients for documents to entering details manually into software. But e-invoicing offers a solution. It lets you exchange invoices directly between accounting systems, making the process faster, more secure, accurate, and efficient.

With e-invoicing, you can streamline your workflow, freeing up time for more important tasks. It’s also a key part of digitizing small businesses and addresses issues like late payments while enhancing security.

As more businesses and government agencies join the network, the benefits of e-invoicing continue to grow.X ero’s powerful features, along with strong support from the government for digital changes, make it a top choice for small and medium-sized businesses in Singapore. It works well with local financial systems and compliance rules, helping businesses improve their operations and manage finances better.

What does Clooud Consulting do for Xero setup?

Clooud Consulting helps you set up Xero by customizing the software for your needs, providing training, and offering ongoing support to ensure everything runs smoothly.

At Clooud Consulting, we understand how crucial it is to quickly meet your business needs. We focus on making the move to Xero from another system as smooth and efficient as possible. From the initial discussion to full setup, our team ensures a hassle-free transition so your business can continue running smoothly. Contact us today to get started with Xero.

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