Invoicing glossary

Recurring invoice

A recurring invoice is an invoice sent automatically on a repeating schedule for ongoing or subscription work.

Recurring invoice: a clear definition

Recurring invoices suit retainers, memberships, maintenance plans, and subscriptions. Instead of recreating the invoice each cycle, you reuse the same template and let it send on schedule — consistent, and far less admin.

How Invco helps

Invco is an AI invoicing assistant that handles recurring invoice and the rest of your billing for you. Design a custom invoice template, then let Claude create and send invoices on it in plain English — with subtotals, tax, and totals calculated automatically and every invoice tracked from sent to paid. Start free with one company.

  • Related terms: Retainer, Milestone payment

Frequently asked questions

What is recurring invoice?

A recurring invoice is an invoice sent automatically on a repeating schedule for ongoing or subscription work.

What is retainer?

A retainer is an ongoing fee a client pays — usually monthly — to reserve a set amount of work or availability.

Invoice the easy way with Invco

Let an AI assistant create and send your invoices on a template that looks like your brand. Start free with one company — no credit card required.

Get started — it's free