Posts Tagged: invoicing

Invoicing Improvements in v4.07

Filed Under: Development by midas — Leave a comment
August 7, 2014

The next feature-rich update to our web based room booking and resource scheduling software is coming soon. Here on our blog we’re outlining some of the new features and improvements you can expect to see in the upcoming v4.07 release.

This article covers some of the improvements coming to the Invoicing capabilities of MIDAS.

Tax Exempt Clients

In MIDAS v4.07, you’ll be able to exclude individual clients from being charged tax on their invoices. Find Out More…

New “Payment Terms” Setting

Payment TermsWe’re introducing a new “Payment Terms” setting for v4.07. This allows you to specify how many days you allow for your clients to pay their invoices. This new setting may be found via MIDAS Admin Options → Manage MIDAS → Invoicing.

 

New Invoicing Variables

As a result of the introduction of the new “Payment Terms” setting, a whole host of new invoicing variables have also been introduced. These include: %INVOICEDUEDATE%, %INVOICEDUEIN%, %INVOICEOVERDUEBY%, and %INVOICETERMS%. There are also new variables giving you far greater control over the “Invoice To” section of your invoices.

The previous %INVOICETO% variable (which includes the client’s name, organization, postal address and email address) can now be broken down into smaller parts. This is achieved through the introduction of the new variables %INVOICETO_CLIENT%, %INVOICETO_ORG%, %INVOICETO_ADDRESS%, and %INVOICETO_EMAIL%

New columns in the Invoicing Overview screen

Invoice Overdue Column

Also as a result of the new “Payment Terms” setting, there’s now dedicated “Invoice Date” and “Due Date” columns added to the invoicing overview screen.

Invoice Reminders / Overdue Notifications

Invoice Reminder Template

MIDAS v4.07 contains a new “Scheduled Tasks” engine. Scheduled Tasks allow your booking system to automatically send clients email reminders a number of days before their outstanding invoices are due, or if their invoice is overdue, send them a notification a certain number of days after.

The content and wording of these notifications can be fully customized too!

Improved PayPal Integration

PayPal IPN IntegrationIf you allow your clients to pay their invoices online via PayPal, you can now have PayPal automatically update the status of their invoices within MIDAS once payment has been made. This means you’ll no longer have to manually update invoices yourself! For more information, please see: Configuring PayPal Integration

Google Wallet (formally Google Checkout) support removed

Google WalletThe previous support for clients to pay their invoices online via Google Wallet has regrettably been removed from 4.07. This is because Google no longer support such payment provisions. Google have now retired Checkout, and Google Wallet is now restricted to payments for mobile apps in the Google Play store only. We’ve covered this in more depth in this article.

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Tax Exempt Clients

Filed Under: Development by midas — Leave a comment
August 5, 2014

The next substantial update to our popular web based room booking and resource scheduling software is just around the corner, and throughout this month, we’re outlining some of the new features and improvements you can expect to see in the upcoming v4.07 release….

Making Clients Exempt From Tax

We love feedback and suggestions from our customers, and this next feature arises from just such a suggestion (which eagle-eyed readers may have already spotted in a screenshot from our previous post!)

MIDAS already includes powerful invoicing capabilities, allowing you to set flexible room rates for each day of the week as well as different lengths (durations) of booking. In additional, you can also setup discount rates depending upon the type of booking (for example, community hires can be charged at a lower rate than commercial hire of your facilities)

These extensive invoice capabilities are further enhanced for v4.07, as we’re introducing a new per-client setting allowing individual clients to be excluded from having the standard global tax rate you’ve setup for your system (via MIDAS Admin Options → Manage MIDAS → Invoicing) applied to their generated invoices.

Making Clients Tax Exempt
Tax Exempt Client
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New Flexible Venue Rates

Filed Under: Development, News by midas — Leave a comment
March 19, 2014

We’re introducing even more flexibility when it comes to setting your venue rates in MIDAS v4.06!

Currently, you can already set up hourly/daily rates for each of your rooms, and have different rates depending upon the day of the week.

In MIDAS v4.06, we’ve extended this to also allow you to define rates based upon the length of the booking as well!

For example, you can now set up a venue’s rates so that bookings lasting say less than 4 hours could be charged and invoiced at a higher rate than those lasting more than 4 hours.

You can also now define rates as “per booking” as well as “per hour” and “per day”. The new “per booking” option charges a fixed set amount for bookings.

Flexible Venue Rates
Flexible Venue Rates

So, as per the above screenshot, let’s say you define the following rates for “Meeting Room 1”:

  • $100 per hour for bookings lasting 1+ hours
  • $80 per hour for bookings lasting 4+ hours
  • $450 per booking for bookings lasting 6+ hours

Bookings for “Meeting Room 1” would then be charged as follows:

Length of BookingTotal Charge
1h$100 ($100 x 1)
2h$200 ($100 x 2)
3h$300 ($100 x 3)
4h$320 ($80 x 4)
5h$400 ($80 x 5)
6h$450 ($450)
7h$450 ($450)
8h$450 ($450)

We believe this additional flexibility when it comes to charging and invoicing for use of your venues will be great benefit to our customers. Of course, for those who don’t require this level of flexibility, MIDAS can be simply set to charge a single rate for “all bookings”:

Setting a single Venue Rate
Setting a single Venue Rate
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Invoicing Improvements in v4.05

Filed Under: Development, News by midas — Leave a comment
November 29, 2013

Well, it’s Black Friday once again (more about that later!), and if you’re a regular reader of our blog then you’ll already know about some of the upcoming features in MIDAS v4.05 including improved iPad and touch-screen device support and a new Venue “Blocking” feature.

So we thought we’d take a moment to reveal some of the other improvements you can expect with the next update to our powerful web based room scheduling solution, this time in Invoicing:

Improvements to Invoicing

Previously, the “Booking Notes” associated any booking for which an invoice was generated were automatically included in the “Invoice Notes” area of the corresponding invoice.

In MIDAS v4.05, you’ll be able to disable this behavior, or choose a different booking field (including custom fields) to include in the “Invoice Notes” section of your generated invoices.

Itemize Invoice Notes

What’s more, we’ve included an “Itemize” option so for invoices containing multiple bookings, MIDAS can automatically denote which “notes” apply to which bookings:

Itemized Invoice Notes

After feedback from a couple of our customers, we’re also introducing a way to completely remove the “Tax” line from your invoices if you don’t charge tax, and don’t want to show a 0% tax rate on your invoices. In MIDAS v4.05, setting the “Default Tax Amount” blank (rather than just 0%) will hide the tax line on invoices where there is no tax element (existing invoices which contain a tax element will not be affected and will still show the tax line)

Now, back to Black Friday – if you’re not following us on Twitter (@mid_as), then right now you’re missing out on some incredible deals – for today only – for both new AND existing customers of our MIDAS web based room scheduling software

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