If you run a business, whether on your own or with a few employees, you are likely to manage your own books. You might not be an expert in managing accounts. So you require a reliable way to keep track of customers, invoicing and payment processing. Instead of having a dedicated accountant or outsourcing, you can manage these elements with billing and invoicing software.

These software and services provide a single platform in which you can manage customer accounts, create and send invoices, track payments and past-due accounts and much more.

Software for invoicing helps you keep track of the billing for your company. You can create invoices and quotes; send bills and process payments, all using single software. Many features are as per standards, and some services offer additional features that make your job easier and hassle-free.

If you sell a customer a product or a service, you need to give them an invoice (bill) by law if both you and the customer are registered for VAT (a business to business transaction). An invoice is not the same as a receipt, which is an acknowledgement of payment.

The invoice must include certain information such as

• How much the customer needs to pay you.
• Till when the customer must pay you.

You and the customer have certain obligations on payment.

• Easily create invoices, quotes and orders.
• Customize invoices including logo, heading text, notes and more.
• Save or send invoices as PDF files.
• Email or fax directly from the application.
• Schedule recurring invoice.
• Automatically send statements to customers with overdue payments.
• Supports multiple tax rates for countries where required (e.g.Indian, American, Canadian etc).
• Supports invoicing for multiple businesses.
• Web access lets multiple users within the organization securely log in and use over the network or even the Internet.
• Secure mobile access through the web interface (e.g., iPhone, Android).
• Reporting includes accounting, salesperson performance, unpaid invoices and much more.