Xero Just Made Deposits MUCH Easier! New Feature Walkthrough

Xero has introduced a brand-new feature that makes collecting customer deposits much easier. Instead of creating separate deposit invoices or manually adjusting final invoices, you can now request a deposit directly from a Xero invoice and keep everything connected in one place. In this video, I'll show you: ✅ How the new Xero deposit feature works ✅ How to request a deposit from an invoice ✅ How to choose a deposit percentage or fixed amount ✅ What your customer sees when paying the deposit ✅ Why Stripe is required for this feature ✅ The costs you should consider before enabling Stripe ✅ Limitations of the new feature (including instalment payments) This update is ideal for businesses that take deposits upfront for projects, services, events, and custom orders. If you haven't connected Stripe to Xero yet, be sure to watch my Stripe setup tutorial so you can enable this functionality on your account. 🎓 Subscribe to Burton's Academy for practical Xero tutorials, bookkeeping tips, and software updates explained in plain English. #Xero #XeroTutorial #SmallBusinessUK #Bookkeeping #AccountingSoftware #Stripe #BusinessTips #XeroUpdates