Recurring invoicing allows you to create a series of invoices for a customer that automatically send out and come due on a recurring basis.
To setup recurring invoicing you’ll need to do the following:
- Navigate to Invoicing in Mercury and proceed by clicking ‘+ Create Invoice’
- Choose your customer and fill out the invoice details including the line items and total Remember, each invoice generated from the recurring invoicing sequence will contain the same line items as the original you are creating right now
- From the payment details page of Invoice creation, toggle ‘Repeat Invoice’ to on
- Select one of the repeating options from drop down or select custom - this includes weekly, monthly, on a specific day each month, or a custom series of dates
- The time between invoice creation date and due date on the first invoice in series will always be the same length for future invoices. I.e. if you have 10 days to pay the first invoice, all subsequent in the recurring series will be 10 day payment from creation
- Set the date on which the recurring invoicing series ends - this can be specific date, after a set number of invoices, or continue recurring until it is ended manually
- Mercury will show you a preview of the number of invoices in a recurring sequence, as well as their sum total, as long as you select that it ends
- Send the invoice via email or shareable link and you’re done!
You can end a recurring invoice sequence at any point from your Invoicing dashboard. Once ended, no further invoices will be created and sent to your customer. If you wish to resume sending recurring invoices, you can proceed to make a new invoice and set it as recurring.