So you want to get paid on time for services rendered to your clients? I mean, seriously, who doesn’t right?
If you’re tired of marking up your calendars or setting up dozens of reminders to collect past due payments from your customers, then there’s a solution for you. Enter “Recurring Payments.”
I first discovered recurring payments back in 2009 when I started using an online invoicing and billing system in my business. Believe me when I tell you, setting up a recurring payment for invoicing was a huge time saver for me.
In today’s blog post, we will cover how to set up recurring payments using Invoiceable, a free online invoicing system. All you need to do is follow these simple steps:
How to Setup Recurring Payments
Step 1: Sign Up for a Free Account
Go to Invoiceable.co and Sign up for a Free Account. Scroll down to the bottom of the page. Here, you will enter your name, email address, and password. After, click on “Get Started.”
Step 2: Create an Invoice
Once your account is created, you will be directed to the website’s dashboard. Here, you can start adding your clients and creating invoices. To create a new invoice, simply click on the “Add Invoice” button.
A form will appear below it. You can then enter your desired invoice sequence, client’s name, and payment terms (e.g., Due on receipt, 7 days, 14 days, custom date, etc.). You can also specify whether it has already been paid by the client or not.
Step 3: Set Up Recurring Payments
After creating an invoice, click on “Advanced Options.” At this point, you can add your preferred currency, issue date, and discount offer, if there’s any. You can also set up your invoice for recurring payments by choosing Yes under the “Recurring Invoice?” section.
After selecting “Yes”, you can then choose the Frequency of your invoice to your clients (Weekly, Monthly, Quarterly, Yearly)
And that’s about it! Your client will now receive an invoice from you on a specified date every month or week, depending on your agreed terms. You can do the same for all your clients or only a number of them; it’s all up to you.
Whichever you choose, however, you can guarantee that it will make invoicing and collecting payments a comfortable and easy task for you. If you enjoyed this blog post, I would love for you to share it.