► Set up recurring billing and keep debit or credit cards on file ► Accept any payment credit & debit cards, Google Pay, cash, check, ACH payment. ► Add milestones or a deposit to an invoice ► Customize your estimate and invoice with logos, line items, attachments, messages, color schemes ► Convert an estimate to an invoice easily ► Multiple items and services for customers to choose from in a single estimate ► Create a receipt, invoice, estimate or bill with a few taps Bill customers with a simple invoice app that also makes sending estimates or requesting deposits easy.Īll the tools you need to run your business from one place. It’s all in one app and there are no monthly fees. It has everything you need to run your business on the go whether you’re a small business, a contractor, or a freelancer: invoicing, estimates, payments, automatic reminders and real-time tracking and reporting. The Square Invoices app is now available in Australia, the US, Canada, Japan and the UK via App Store or Google Play.Square Invoices is a must have invoicing solution to run your business: an invoice and estimate maker, and a secure, fast payments system. Square Invoices is interesting development and Square is one to watch. A fast-growing business will quickly need something more robust than Square’s apps – but Square could have a big say in where they go next. The upshot is that Square’s strategy affects the top of the funnel for Xero and Intuit.
Or will it keep releasing operational apps that plug into a basic ledger from an accounting software company? Will Square release a basic accounting app? It clearly has the capability. Wave kicked it off with an ad-supported model, and there are signs that banks could release their own accounting software to improve retention. However, you will still need to buy a point-of-sale app. Intuit’s QuickBooks Online costs AUD$10 a month for unlimited invoices and it also owns the payments platform. And that doesn’t include a point-of-sale app or a payments platform. The next edition, with unlimited invoices, costs AUD$50 a month. Xero’s cheapest edition costs AUD$25 a month and is limited to sending five invoices. Even relatively new technology is becoming commoditised so quickly that it is now an incentive to use a payments platform rather than worth paying for in its own right.
For example it includes automatic payment reminders ( which Xero added in 2015 ), tracks payment status of each invoice (opened, overdue and paid), and can attach documents and receipts to invoices. The invoicing app includes premium features found in paid accounting software.
Users only pay for processing when they accept card payments – and they don’t pay any more than the standard rate of 2.2%. There are no monthly fees for Square Invoices, which works on iOS and Android.
The business model for Square is to give away free software as a way to increase the number of transactions moving through its payments platform. The payments platform already has a free point of sale app called Square POS and continues a disruptive push into the accounting software space for micro-businesses and new businesses. Square has launched a free, standalone invoices app called Square Invoices in an interesting expansion of its portfolio.