Billing & Receivable

GST Invoice
Dr/Cr note
ReceiptAuto Accounts UpdateAuto Inventory Update
Advance & AdjustmentStandard Reports
o   Statement of Account
o  Receivable with AgingMonthly GST Returns
o   GSTR 1, 1B, 2, 2B, 3, 3B, 4

Description

  • GST Invoice
    • Invoice can be printed for
      • Regular sale (Cash/Credit)
      • Export Invoice – With or without inclusive taxes
      • E-commerce based Invoice
      • Bill of Supply for
        • Non GST
        • Exempt Items, or
        • Services
      • Sample invoicing of all three kinds:
        • Cost + tax – get full Input Tax Credit (ITC) on inputs
        • No Cost only Tax – get full ITC on inputs
        • No cost and No tax – update input invoices to be partly ineligible for ITC
        • Flexibility in using Sample Invoice on same Invoice
      • GST Driven Validations – Keep a check on Invoice data entry right from the genesis
      • Automatically get
        • HSN/ SAC codes of Items/ Services
        • Customer GSTIN/ UIDAI/ PAN details
      • Create Unlimited Drafts beforehand and timely reminders, to Finalize and automatically update Accounts and Inventory immediately
      • Set Default Bank Account details and Terms and Conditions
      • MRP – Discount Based Auto Calculated Pricing & invoicing
        • Set Prices inclusive or exclusive of taxes
        • Revise Prices on one click
      • Bill according to different Pricing policies for the same item on the same Invoice
      • Auto Inventory Update – up-to-date accurate inventory balances
      • Cancel Invoices through reverse or negative entry –
      • Auto updates GSTR 1 forms and Inventory and GL automatically
  • Debit /Credit note
    • Create Dr or Cr Notes directly from Marketing Module itself, Finalize later
    • Cancel Dr or Cr Notes through Reverse or Negative entry –
      • Auto updates Stock balances and Ledger books
    • Calculation of HSN/SAC based tax records
    • GST Driven Validation
  • Receipt
    • Record Financial transaction immediately – know full transaction details, as and when required
    • Cancel Receipt through Reverse or Negative entry –
      • Auto updates Stock balances and Ledger books
    • Adjust Invoice Dr/ Cr Note, Advance or create a new financial transaction – all from one dashboard
    • Calculation of HSN/SAC based tax records
    • Updates Receivable aging
    • Tax wise Receivable accounting of all transactions with one another
    • Get periodic Receivable reminders with aging (less than or greater than 180 days)
    • Statutory Reports – Receivable accounting reports
    • GST Driven Validation
  • Auto Accounts Update
  • Advance & adjustment
    • Record Financial transaction immediately – know full transaction details, as and when required
    • Cancel Advance through Reverse or Negative entry –
      • Auto updates Stock balances and Ledger books
    • Calculation of HSN/SAC based tax records
    • GST Driven Validation
  • Monthly GST Returns
    • GSTR 1 – Export to GST offline tool to directly upload to GST Portal
    • GSTR 1B, 2, 2B, 3, 3B, 4 – formats updated ready
  • Standard & Customized Reports
    • Statement of Account
    • Receivable with Aging
  • Import & Draft
    • Every existing Invoice and Debit /Credit note can be imported and used as a template
    • Any incomplete Invoice and Debit /Credit note can be saved as Interim-draft
    • Multiple draft versions can be saved, all can be discarded and one can be Finalized later
  • Attachment & Retrieval
    • Attach unlimited Documents on each Invoice, Debit /Credit note, Receipt and Advance & adjustment
    • Retrieve any specific attachment, from the Invoice and Estimate or using the Central Repository of our DMS
  • Tag: Any Invoice, Debit /Credit note, Receipt and Advance & adjustment, to be included in ‘Advanced Search’ for easy retrieval
  • Communication
    • Can be set on Invoice, Debit /Credit note, Receipt and Advance & adjustment
    • System Communication Types
      • Approval
      • Alert
      • Warning
      • Reminder
    • System or User Generated
    • Inter or Intra Company Entities
    • Single or Multi Level
    • Mandatory or Conditional
    • On event or field (absolute or relative) value
    • Launches Workflow
Billing & Receivable