Issue the proforma. Send the statement. Read what is owed.
Billing software that works the document on the page from your own figures: the proforma invoice with the lines, the discount, the tax and the shipping before the sale, the billing statement from the opening balance to the closing balance, and the tracker that reads what is outstanding, what is overdue and how many days the money takes. Free, no account. Pro keeps every customer, invoice and statement against the record.
Built for the money you are owed, on purpose
ReceivableLedger is not an accounts payable system, has no invoice scanner and no factoring desk, and it is not going to get them. Every figure on every document is there because someone who sells on account needs the proforma, the statement and the tracker to agree before the customer is asked to pay.
Issue the proforma. Send the statement. Keep the ledger.
- Lines, discount, tax on the discounted goods, freight, one total. Ten at $45, four at $120 and two at $15 are $960 of goods; a 5% trade discount takes $48 off; sales tax at your rate applies to the $912 that remains, $72.96 at 8%; $25 of freight goes on after; the proforma total is $1,009.96, worked before the goods ship.
- Opening balance, invoices, payments, credits, closing balance. $1,600 brought forward and $3,400 invoiced is $5,000 on the account; $2,900 paid and a $100 credit note bring the closing balance to $2,000, up $400 on the period, with 58% of the account settled. The same arithmetic every month, in the order the customer reads it.
- Every invoice and statement filed against the customer. Customers on account, invoices from issued to paid, the statements sent and the reminders chased file themselves against the customer, so the dispute about the March balance has the paperwork to hand. Everything exports.
The free tools
Every tool on this site computes on the page, free, with no account and no trial clock. The free version is the whole document; the paid plan is about keeping it: customers on account, invoices from issued to paid, statements sent and reminders chased, your name on the paperwork and a clean export.
- Proforma invoice: Issue a proforma invoice: three lines at quantity and price, the trade discount, sales tax on the discounted goods at your rate, freight, one total.
- Billing statement: Send a billing statement: the opening balance, the period's invoices, payments received, credit notes, the closing balance now due and the share settled.
- Invoice tracker: Track what is owed: the average invoice outstanding, the overdue share, and days sales outstanding from your receivables and sales on account.
ReceivableLedger Pro
The tools are free forever. Pro turns them into the ledger: every customer's invoices and statements kept and dated, the statement and the reminder sent for you, a pay link on every document, your name and logo on the paperwork, no watermark, and an export when the accountant asks. ReceivableLedger Pro is $50 per month for your whole office, billed monthly.
