Overview

Finmo’s AR Invoices streamline the receivables process by simplifying operational tasks and minimizing the time spent tracking outstanding invoices. With a user-friendly, no-code dashboard, merchants can quickly create and manage invoices, enhancing efficiency and productivity.

Key Features of AR Invoices

Create and Manage Invoices

AR Invoices enable merchants to create invoices and select templates that suit their needs. All invoices, along with key details such as status, creation time, and amount, are displayed in a single, customizable table for easy management.

Send Reminders

Merchants can effortlessly send payment reminders to customers for overdue invoices with just a few clicks. This feature simplifies the process of following up on unpaid invoices, ensuring timely payments without the need for manual effort.

Re-use Invoice

Merchants can quickly re-use invoices, eliminating the need to re-enter repetitive details. This time-saving feature allows them to streamline the invoicing process, increasing efficiency and enabling them to focus on other operational tasks.

Recurring Invoice

Recurring invoices enable merchants to automatically create and send a series of invoices to customers, with payments due on specified dates. Merchants can customize the frequency, such as weekly, monthly, or any other preferred interval.

Create an Invoice

To create an invoice, the merchant first selects one of three available templates. If no template is chosen, the default first template is automatically selected. Once a template is chosen and saved, the merchant can proceed with creating the invoice.

Create a Recurring Invoice

When creating a recurring invoice, all the steps remain the same as creating a one-time invoice, with the added step of selecting the "Recurring Invoice" option from the toggle. Once this option is selected, a few additional details need to be entered.

Dashboard

Manage, track, and analyze your invoices and cash impact with Finmo’s dashboard.

Invoice Details

This table displays key details, including the invoice amount, status, and other relevant information, making it easy for the merchant to manage and track their invoices. The merchant can select invoices based on their status and preferences, and use the filter option to view other important details.

Cash Impact

The cash impact graph enables the merchant to track cash flow from invoices over time. Merchants can toggle between different currencies and time frames to view cash flow according to their needs.

AR Aging

The AR Aging graph helps the merchant track unpaid invoices, providing insights into cash inflow and supporting better financial decision-making.

Invoice Lifecycle

An invoice goes through several statuses after creation.

Invoice Statuses

There are 5 statuses that can be associated with a certain invoice.