Adding deposits to invoices is an important step for businesses that require upfront payments. With Invoicer.ai, you can easily request and track deposits. This guide will walk you through the process step by step.
How to Add a Deposit to an Invoice in Invoicer.ai
Invoicer.ai supports adding deposits to an invoice. You can add as many deposits as needed. Here's how:
Go to the editor
Select the Add deposit link under the total
Enter the deposit name and value. You can enter % or $ based deposits.
Repeat for multiple deposits
If you need to delete a deposit, click the trash can icon to the right of it.
What is a Deposit in Invoicing?
A deposit is a partial payment made before a service is completed or a product is delivered. Businesses often use deposits to secure commitments, cover initial costs, and improve their cash flow. Industries such as freelancing, construction, consulting, and e-commerce commonly require deposits.
Why Should You Add a Deposit to an Invoice?
Including a deposit in an invoice provides several benefits:
Improves cash flow – Helps businesses receive payment upfront, reducing financial strain.
Secures commitment – Make sure their clients are serious about the project.
Reduces risk – Minimizes potential losses from unpaid invoices.
Enhances professionalism – Describes payment expectations.
How Do Clients Pay the Deposit?
Clients can pay the deposit using the available payment methods:
Online payments – If payment processing is enabled, clients can pay via a credit card, debit card, or mobile wallet like Apple Pay, Google Pay, and more.
Bank transfer – Include your business bank details for direct deposits.
What Happens After the Deposit is Paid?
Once the deposit is received:
The project or service can begin.
The remaining balance will be due based on the invoice terms.
Best Practices for Handling Deposits
Set clear terms – Always add deposit policies in contracts.
Use partial invoicing – Break payments into milestones for long-term projects.
Communicate deadlines – Double-check to make sure clients understand when the full payment is due.
Final Thoughts
Requiring a deposit on your invoices helps you to get paid upfront while keeping your invoicing process with clients clear and professional. This approach makes transactions smoother and provides better cash flow for your business.
For additional help, please visit our Help Center or reach out to our support team.