Introducing Support for Zero Amount Invoices

Support for Zero Amount Invoices

We are excited to introduce a new feature for our customers: the ability to generate zero amount invoices! This will streamline various compliance, marketing, and administrative tasks, enhancing your business’s efficiency and transparency.

What’s New?

With the latest update, you can now generate invoices with a net payable amount of $0. Here’s how you can create them:

  1. 100% Discounts: Apply a 100% discount to your items.
  2. Negative Priced Items: Add items with a negative price to balance out the total amount to zero.

Once created, these zero amount invoices will be generated directly in the paid state, and corresponding receipts will be automatically issued.

Digital receipt showing transaction details and zero balance.
Digital invoice with detailed payment information.

Why Do We Need Them?

Compliance & Record Keeping

Zero amount invoices help in tracking and documenting all transactions, which is essential for internal audits and financial transparency. In some jurisdictions, businesses might be required to document all transactions, even those where no payments are made. This feature ensures you stay compliant with various regulatory requirements.

Marketing & Promotions

Issuing a zero amount invoice for complimentary services or goods provided at no charge serves as a professional way to acknowledge the transaction. This reinforces customer relationships and ensures clear communication.

Dispute Resolutions

If any disputes arise regarding the delivery of goods or services, a zero amount invoice serves as proof that the transaction occurred, even if no payment was involved. This can be critical in resolving conflicts efficiently.

Stay tuned for more updates on our Product Announcements page and make sure you’re taking full advantage of all our features.

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Feel free to reach out to our support team if you have any questions about this new feature.