Retainer Invoices

A lot of businesses collect an advance payment (or retainer) for products sold or services rendered by them. This amount collected will not be an income but a liability to the company. The revenue is earned only when the product is delivered or the service is completed, if not delivered or completed the advance payment made will be returned to the customer.
This retainer can be invoiced to your customer using the Retainer Invoice module in Zoho Books. Learn more about how Retainer Invoices can be used in Zoho Books.

Create & Send Retainer Invoices

• Lifecycle Of Retainer Invoices
• Enabling Retainer Invoices
• Creating a New Retainer Invoice
• Customer Details
• Item Details
• Payment Options, Terms & Conditions, Templates

Collecting Retainer from Quotes

• Collecting Retainer from Customer Portal
• Collecting Offline Retainer Payments

Recording Offline Retainer Payment

Manual Charging for Retainer Invoice

Associating a Retainer to Invoice

• Applying Retainer to Multiple Invoices
• Using Multiple Retainers to an Invoice

Retainer Invoice in Projects

• Creating a Retainer Invoice
• Applying the Retainer to Invoice

Other Actions

• Refunds
• Cloning your Retainer Invoice

Reports

• Retainer Invoice Details
• Retainer Refunds
• Payments Received