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Increase Profits with Recurring Billing and Instant Accept

Recurring Billing and Invoicing in Instant Accept

Recurring billing and invoices can be useful in several scenarios that occur regularly in many types of businesses. In this blog we will explore two ways a business would use recurring invoicing and receive recurring payments for their products and services.
Recurring Billing and Invoicing

Benefit from Recurring Billing and Invoices on Large Ticket Items

In the first scenario, and the most common use of recurring billing and invoices, is when you purchase or subscribe to a subscription.  Subscriptions range from Magazines, Newspapers, Computer Security Software such as McAfee or Norton Anti-Virus, Gaming Platforms such as XBOX or PlayStation subscriptions.

Instant Accept’s integration into QuickBooks allows for the automatic creation of the invoice and payment based on the preset interval.  The pre-set intervals of monthly, quarterly, or annually are just a few examples. This type of recurring billing and invoicing allows for auto-renew at the end of the subscription unless stopped by the customer.

When the pre-set time interval is reached, Instant Accept creates the invoice, submits the payment and applies the payment to the invoice.  When the payment is applied to the invoice, QuickBooks is automatically updated with the payment information.

Here is a link to a short video on recurring billing that shows how Instant Accept is setup to handle this type of transaction.

Instant Accept is very versatile with how we can take payments and update QuickBooks®. Millions of different businesses use QuickBooks® for their accounting package. Instant Accept can be a money saver for many of them. For more information or to schedule a demonstration please contact us or call (855) 220-2840.

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