Accounts Receivable
Accounts Receivable represents the outstanding payments a business is owed by its customers for goods or services delivered on credit. It is a key component of working capital, reflecting the company’s short-term liquidity and cash flow
Month wise Receivable
Month-wise Payable refers to the tracking of a company’s outstanding obligations to suppliers and vendors, categorized by each month. It helps monitor due payments, manage cash flow, and ensure timely settlements.
Month wise Credit Note
Month-wise Credit Note refers to the record of credit notes issued to customers, organized by month. It helps track sales returns, discounts, or adjustments, ensuring accurate revenue reporting and reconciliation.
Vendor Bills
They are recorded as accounts payable until paid, helping organizations track obligations, manage cash flow, and ensure timely vendor payments.
Journal Entries
Journal Entries are the foundational accounting records used to document all financial transactions of a business in chronological order.
Frequently Asked Questions
What is Finance Management Solutions?
Finance Management Solutions are platforms designed to streamline financial operations, including budgeting, expense tracking, reporting, and analysis. They help organisations make informed decisions by providing real-time insights into financial health.
How does Asset Management work?
Asset Management involves overseeing the entire lifecycle of assets, both tangible and intangible. This includes acquisition, utilization, maintenance, depreciation, compliance, and eventual disposal to ensure optimal asset performance and regulatory adherence.
What is Invoicing/Billing automation?
Invoicing/Billing automation simplifies the creation and distribution of invoices, ensuring timely payments, smoother cash flow, and reduced manual errors in financial processes.
How does Taxes Management simplify compliance?
Taxes Management automates tax calculations, handles multiple tax rates and jurisdictions, and ensures compliance, reducing errors and saving time during reporting and filing processes.
What is Bank Reconciliation?
Bank Reconciliation matches internal financial records with bank statements to maintain accurate financial data, detect discrepancies, and ensure integrity in accounting processes.
How do Account Reports help businesses?
Account Reports provide detailed insights into financial performance, cash flow, and overall business health, enabling informed decisions, trend analysis, and regulatory compliance.