Master Payments and Refunds Seamlessly Across Cash, Bank, and Credit Cards with Invocreto.

Efficient payments and refunds

Efficient payments and refunds are critical for any business, and Invocreto makes it easy for any business with a simple interface and powerful features. Below are instructions on how to use the platform in the payment and refund process. To get started with Invocreto and unlock these features, follow this blog to guide you through the simple signup and onboarding process: Getting started

Visualizing Sales versus Purchase Trends

Under Business -> Invoice section, the first thing you’ll notice is thorough research graphs for time-to-time comparison of relative trends regarding sales and purchases. These analyses are converted into suitable data visualizations to evaluate business performance by tracing historical patterns, thus informing future decisions.

Easily manage invoices

As per the graph, you will find a detailed list of all the invoices you have made. Including sales and purchase invoices. Each invoice is described using required identifiers, such as:

• Invoice Number
• Invoice Date
• Invoice Type (Sales or Purchase)
• Customer Name
• State
• Total Amount
• Paid Amount
• Invoice Status (Paid, Unpaid, or Partially Paid)

With this list, you can track your invoices and perform the following actions:

1. Download Invoice: Easily download a copy of your invoice.
2. Payment Register: Adjusts the status or payment status of an invoice for full payment. partial payment or not paying Bank account payments may also be added. cash transactions or other methods.
3. Payment Refunds: Bulk payment refunds or discount offers. This ensures transparency and trust with your customers.
4. Cancel Invoice: Mark the invoice as a canceled error or a transaction cancellation will occur.

Record payments from various payment methods

Invocreto offers the flexibility to record transactions from different payment methods. This ensures that your financial information remains accurate and up to date. Whether you accept payment in cash Bank transfer or credit card The system also makes it easy to track and manage every transaction.

Steps to Record a Payment

1. Click on the “Record Payment” button next to the respective invoice.
2. A form will open where you need to fill out the required fields:
   • Amount Paid
   • Date of Payment
   • Account (Cash, Bank, or Credit Card)
   • Mode of Payment
   • Transaction Reference Number
   • Payment Description
3. After filling out all the fields, click on the “Save” button to mark the payment status.

By supporting multiple payment methods, Invocreto helps you record transactions efficiently and maintain accurate financial records.

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Issuing Refunds

Refunds are also straightforward to handle. Follow these steps:

Steps to Issue a Refund

1. Click on the “Refund Payment” button next to the respective invoice.
2. Fill out the required fields in the form:
   • Refund Amount
   • Date of Refund
   • Refund Mode (Cash, Bank Transfer, etc.)
   • Transaction Reference Number
   • Refund Description
3. Once all the fields are filled, click on the “Save” button to mark the payment as refunded.

Registration of payments in cash or bank account in Invocreto

Invocreto makes managing your finances easier. It allows you to record payments and refunds from multiple accounts, such as cash, bank, or credit card accounts. See how it works:

Payment in cash: When you mark an invoice as “Paid” using the visible payment method, The associated value will be automatically added to your uninvoiced sight account. This guarantees that your financial transactions are properly tracked and organized.

Bank Payment: In the same way The payment will be recorded as “Payment” via bank account Or the payment will automatically show in the designated bank account. This complete integration helps you keep accurate records of your banking transactions without any effort.

Steps to Record Payments in Invocreto:

Click on the “Record Payment” option for the invoice.

Fill in the required fields:

• Amount Paid
• Date of Payment
• Mode of Payment (Cash or Bank)
• Account (Select Cash or a specific Bank Account)
• Reference Number (if applicable)
• Payment Description

Once all details are filled, click “Save” to complete the transaction.

Automatic Account Updates:

• The payment amount will be added directly to your Cash Account or the selected Bank Account, ensuring your financial data stays accurate and up-to-date.

This feature not only saves time but also ensures your accounts are always balanced and your transactions are well-documented.

Creating and using invoices

Invoice sessions help you easily create new invoices. Whether selling or buying This integrated approach to invoice management helps you keep all your financial information in one place. From creating invoices to managing payments and refunds. With Invocreto you can efficiently track the status of each invoice. Record payments and refunds quickly. This simple method guarantees that your billing process is quiet and your financial records are always up to date.

Conclusion

Invocreto makes financial workflows easier by making it easy to record payments. Smooth refunds and efficient invoicing With a user-friendly interface and support for a variety of payment methods. Businesses of all sizes can keep their financial processes organized, transparent and accurate…