![]() Square Invoices is made for small businesses and it’s versatile and powerful enough to work well for growing businesses. Square’s other products integrate seamlessly, so you can use inventory management with invoices if you run a product-based business or use Square’s point-of-sale (POS) options to manage sales for an online, mobile or brick-and-mortar store. Paid plan users can add custom fields to invoices and they can set up milestone-based invoices for longer projects. ![]() If you ever need to take a payment over the phone, the transaction fee is 3.5% plus 15 cents.īoth plans for Square Invoices allow you an unlimited number of invoices, and you can schedule recurring invoices for regular clients. Whether you choose the free or paid plan, processing rates are the same: 2.9% plus 30 cents per online transaction, 2.6% plus 10 cents per in-person payment or 1% for an online bank transfer. Square’s products cover both types of businesses. ![]() Service-based businesses tend to need an invoicing solution that lets them accept payments online, while product-based businesses may need to accept payment in person and require inventory management. For more information, please see our Privacy Policy Page.Square Invoices offers a free or low-cost plan for online and in-person invoicing, making it one of the best billing software options for any small business. Our affiliate compensation allows us to maintain an ad-free website and provide a free service to our readers. This can affect which services appear on our site and where we rank them. While we strive to keep our reviews as unbiased as possible, we do receive affiliate compensation through some of our links. Our mission is to help consumers make informed purchase decisions. Clarify all fees and contract details before signing a contract or finalizing your purchase. For the most accurate information, please ask your customer service representative. Pricing will vary based on various factors, including, but not limited to, the customer’s location, package chosen, added features and equipment, the purchaser’s credit score, etc. So if you're a Square user and have a business that doesn't have a super complicated supply chain, Square can provide you with a simple inventory solution.ĭisclaimer: The information featured in this article is based on our best estimates of pricing, package details, contract stipulations, and service available at the time of writing. The software's user-friendly interface and intuitive design, however, make it easy for businesses to set up and manage their inventory without requiring extensive training or technical expertise. But it doesn't have a ton of advanced features-there are no invoicing or manufacturing features and very limited warehousing features. Square Inventory offers features such as low-stock alerts, reorder reminders, and real-time inventory updates. This integration helps businesses to reduce errors in inventory management and avoid overselling, which can be a significant problem for businesses that operate with a small inventory. Since Square Inventory seamlessly integrates with Square's POS system, businesses can easily sync their sales data and inventory levels, allowing for real-time inventory tracking. Square Inventory is an ideal inventory management solution for businesses that use Square's POS system.
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