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Invoices: We now support Setup Fee in Recurring Invoices
Kaili Wardlaw
Jun 10, 2024
2 Min Read
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Overview
Let’s say you have a product with an initial setup fee and then a monthly recurring charge. So far, you were not able to use a single invoice to let the customer pay for both and had to rely on 2 invoices. Not anymore.
What’s new
- You can now add a recurring product -> add a set up fee to it in its prices -> Add it to a recurring invoice -> 2 line items for the same product (One with Setup fee and other with recurring price) would appear
- For subsequent invoices, the setup fee line item will be removed and only the recurring part of the price will be sent out
How to use?
- Go to Product section and create a product with price type = recurring and add a setup fee to it
![Screenshot 2024-06-10 at 15](https://canny.io/images/d9a0459659a69ef32ab5d93468a7a977.png)
- Create a recurring invoice from invoices section
![Screenshot 2024-06-10 at 15](https://canny.io/images/a8a0f44c8bc592603d3cacd8e5d61905.png)
- Add the product which has a setup fee in it
![Screenshot 2024-06-10 at 15](https://canny.io/images/19944c3a4c4b64ccdde511c1cfe4e467.png)
- 2 line items for the same product will be shown with the Suffix “Setup Fee” added to the setup part of the price
![Screenshot 2024-06-10 at 15](https://canny.io/images/48eb0df47a625176c1cad32610295cb6.png)
- For all subsequent invoices that are auto-generated as per your schedule, will only have the recurring element of the price.
Why did we build this?
- For all service providers where a signing fee was to be collected along with monthly recurring charges, this feature would make invoices super useful to them
When You’re Ready, Here’s How We Can Help:
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