The next update to our Web Based Room Booking and Resource Scheduling software MIDAS is on the horizon, and throughout March we’re giving you a first look at some of the new features and improvements you can look forward to in this next MIDAS update..

One of the areas of our software that we often receive feedback and ideas for new features for is “Invoicing”. We’re pleased to once again adding even more Invoicing features for v4.12, one of which will facilitate the ability to maintain a line of “credit” for each of your clients.

Adding credit for a client is really simple, and is done via the “Current Credit” field in each client’s database entry. Simply enter the amount to credit to associate with the client and click “Save Changes”:

Maintain a line of credit for clients

Then, the next time an invoice is generated/created for the client, this credit will be applied to their invoice as a discount, and the line of credit remaining for the client updated accordingly.

Example 1:

  • A client entry has a $70 credit associated it.
  • The client’s next invoice is for a total of $100.
  • $70 is automatically deducted from the pre-tax total of their next invoice
  • The client’s remaining credit balance automatically reduces to $0

Credit automatically applied to client invoices

Example 2:

  • A client entry has a $70 credit associated with it.
  • The client’s next invoice is for a total of $50.
  • $50 is automatically deducted from the pre-tax total of that invoice
  • The client’s remaining credit balance automatically reduces to $20, which will be applied to their next invoice

Users with access to the invoicing capabilities of MIDAS and who also have the ability to modify clients can update the amount of credit associated with each client at any time.

MIDAS v4.12 is expected to be made available to Beta Testers later this month, with a general release shortly after. We’re currently looking for additional testers to help test and provide feedback/bug reports on pre-release versions of our software. Becoming a tester is free and no experience is required, and what’s more we’ll reward you for your participation! Find out more about becoming a MIDAS Beta Tester here.

If you would like to be notified when v4.12 is fully released, then why not join our Mailing List?

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