Customer prepayments - what is the best process

We invoice our clients monthly. A few clients prefer to pay the entire year, we want to continue generating a monthly recurring invoice, drawing down their deposit balance over the year.

What is the best way to do this in IN? Ideally the monthly invoice would state their current deposit balance, however this isn’t essential.


I think using a credit for the initial payment would be a good way to do this.

Say the credit is for $1200 / year.

Every time your $100/month recurring invoice is generated, you can apply the credit to this invoice.