5 posts tagged with "Finance"

In addition to card and direct debit options, we've extended our Stripe integration to support open banking payments (referred to by Stripe as Pay by Bank), offering lower fees than card payments (on Stripe's standard pricing, this is 0.5% + 20p with a £5 cap per payment, versus 1.5% + 20p for standard cards, and 1% for Direct Debit). This remains disabled by default, and can be enabled in the ]customer portal settings](https://web.jobstaq.co.uk/#/settings/customer_portal?tab=payments) to set a default option, and on an invoice-level for any overrides.

We've provided support for taking online payments on invoice portals through Stripe for a while now, however, every business has different payment processor preferences, so it's been difficult to prioritise which other payment integrations are worth developing and maintaining.

To provide a wide range of integrations, JobStaq is now able to make use of any payment methods you have configured through your accounting software (Xero, QuickBooks or Freeagent). You can control the default online payment methods available for each invoice from the customer portal settings page in the web interface, and can override these settings on individual invoices if required.

Additionally, you can set a preference for whether to show the JobStaq customer invoice portal pages to customers, or use your accounting software's portal fron the customer portal options settings. At present, you can choose to always use the JobStaq portal, always use the accounting portal, or use the accounting portal when payment is due.

The customer experience when paying through any payment gateways provided through your accounting software will be less smooth than any native integrations in JobStaq, so we will continue to monitor which payment systems are in use by our customers to influence future native JobStaq integrations for payments.

In addition to creating templates for entire quotes & invoices, you're now able to create templates for individual items that can be added after a quote or invoice has been created. One possible use case for this is a database of pricing for commonly fitted parts.

Templates can be managed through the web interface here.

You're able to categorise invoices as either deposit, interim, or final. All existing invoices have defaulted to final, but you're able to edit this on the invoice page. This option improves the reliability of the job status system in cases where an invoice has been raised before all work is completed.

We've made some changes to our quotes and invoices to support domestic reverse charge tax rates, and construction industry scheme deductions, via our app and web interface.

You're able to select tax rates per line item from a dropdown (eg. 0%, 20%, 20% DRC), and associate a nominal code to the item where required for CIS (eg. CIS higher 30%). These will link to any configured accounting integrations so the correct deductions and tax rates will sync through to your accounting software where possible (QuickBooks doesn't properly support CIS deductions being created through third party software at this time).