Create GST compliant invoices and email them to your customers. Manage all kinds of invoice formats such as supply invoices, service invoices, contract invoices, milestone invoices (SITC), RA bills, pro-rata invoices (contracts). Automatically include contract or project BOQ details in the annexure.
Send billing alerts to the accounts team on approval of a Delivery Note, Contract, Service Report, or Milestone Progress. Avoid invoicing delays using the pending invoice reports.
Create milestone style billing for SITC projects. Define milestones and percentage payment for each milestone. GrowSmart automatically does the computations for completed milestones.
Create running account bills showing so far billed quantities, current billing quantity, and total billed quantities. Avoid spending time on excels tracking your RA bills.
Define billing schedules for your contracts. Get timely alerts for billing each schedule. Track the billing status of each schedule.
Send a proforma invoice and receive payment before raising a tax invoice. All details are carried over from orders or projects, so you can create and send proformas in no time.
Manage advance customer payments with proforma invoices and online payment requests. Get accurate outstanding reports. Assign collection representatives and track payment follow ups to get paid faster.
Get accurate reports on amount receivable from your customers (sundry debtors). Analyse receivables by customers, by salespersons, by territories and by age.
Track advance receipts from customers against orders or projects. Apply advances against invoices. Create receipts on-account. Manage deductions and retentions.
Access customer statements on the go with the mobile app. Clearly show outstanding invoices with ageing along with the statement of accounts. Email them to your customers without leaving the system.
Manage collection follow up activities. Assign collection representatives to each customer and capture their phone calls or visits details. Get the complete history of payment collection interactions with a customer.
With scheduled activities, GrowSmart reminds your collection representatives to call customers at the right time for follow up. Collection reps also get a calendar of collection follow ups.
Send a payment request and get paid online with the payment gateway integration. When a customer makes a payment, receipt entries are automatically created.
Manage all payments in one streamlined workflow. Payment to suppliers, salary payments, employee expense settlements, customer refunds, or other cash expenses. Get accurate Payable reports along with ageing summary.
Make bill passing a breeze with three way matching of PO, GRN, and Purchase Invoice. Control deviations with exception approval. Attach bill copies and material photographs for faster approvals.
Create Purchase Invoices, set due dates, and track accounts payables. View total amount due for payment by age, or by supplier.
Keep track of advance payments made to suppliers. Adjust advances against invoices. Make payments against overdue invoices. Apply TDS and other deductions.
GrowSmart manages the complete process for cash advances made to employees. Make payments against approved claims or advance requests. Track advances with employees.
Configure chart of accounts against payroll components. Automatically create accounting entries for payroll. Book payroll expenses in one period and pay them in the next period.
Create a bank payment advice for bulk payment of all salaries. Export all payroll details along with employee bank details to excel for bulk upload in to your bank.
Manage multiple companies in one account. Assign users to specific accounts. Create multi-currency invoices and payments for both purchase and sales. Get outstanding statements in foreign currency and local currency.
Get reports for a single company, or get aggregated reports for multiple companies at once.
All of your companies share the same chart of accounts. No more pains of repeating the same account multiple times for each company.
GrowSmart automatically adjusts forex gain or loss due to fluctuations between invoice date and payment date.
With integrated attendance and leave, processing payrolls is easy. GrowSmart automatically calculates the payable pay days and does all computations including statutory components. With the payroll batch feature, you can just review the payroll for all employees and approve at once.
Get customer wise, salesperson wise receivable report (sundry creditors). Get ageing summary. Provide visibility to the sales team on the go.
Get supplier wise, bill wise payable report (sundry debtors) along with ageing summary. Provide visibility to the purchase team so that they can handle supplier conversations better.
Download GSTR-1 report and upload to GSTN. With in built validations, correct all errors before uploading the invoice data.
View Profit & Loss and Balance Sheet. View monthly or quarterly comparisons. Aggregate data for more than one company and view the totals.
Run multi-year projects? Use the automated AS7 reports to determine revenue to be recognised in a financial year. Create journals based on the report data.
With the powerful report builder, create custom reports to meet specific requirements. Build data-rich dashboards for your management.