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….

This post 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 Terms We’re introducing a new “Payment Terms” setting (MIDAS Admin Options → Manage MIDAS → Invoicing) for v4.07, allowing you to specify how many days you allow for your clients to pay their invoices.

 

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 including, %INVOICEDUEDATE%, %INVOICEDUEIN%, %INVOICEOVERDUEBY%, and %INVOICETERMS%, as well as 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 be broken down into smaller parts through the use 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, which allows your scheduling 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 Integration If 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, so 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 Wallet The previous ability that existed for clients to pay their invoices online via Google Wallet has regrettably been removed from 4.07, as Google no longer support such payment provisions (Google Checkout has been retired, 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.