Account Receivable and Payable Management

Account receivable and payable Management
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1) What is accounts receivables and payables

Accounts Receivable is money customers owe the business, while Accounts Payable is money the business owes its suppliers.

2) Maintain and active bill wise entry in Tally

Maintain and Active Bill-wise Entry in Tally allows tracking of payments and receipts against individual invoices, helping businesses manage outstanding receivables and payables accurately.

3) Usage of bill wise entry

Bill-wise entry in Tally is used to track pending bills, match payments with specific invoices, manage receivables and payables, and get accurate outstanding reports for better credit control.

4) Outstanding management

Outstanding Management is the process of tracking and controlling pending receivables and payables for smooth cash flow

5) Payment QR code and Bank details on invoice

It help customers pay easily by scanning the code or using provided bank information, ensuring faster and hassle-free transactions.

6) Reminder letter and confirmation of accounts

This tools used to remind parties about pending dues and to verify account balances for accuracy.

7) What's app and E-mail reminder for quick collection

Quick communication tools used to notify customers about pending payments, ensuring faster collections and better follow-up.

Customized solutions of CBD IT

Our team exemplifies brilliance in distinct industries using flexible and customized solutions. We adhere to Provide excellent quality and timely services to all our clients effectively and efficiently. We keenly focus on customer satisfaction and the service we are providing.

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