In Wiplist, an Invoice is a detailed record of services or products provided and can include any associated costs. It represents the formal request for payment and is an essential component of managing project finances. Invoices help ensure billing accuracy, maintain a financial trail, and streamline the payment processes.
1. Key Features
Wiplist invoices come packed with features designed to simplify and enhance billing process including:
Detailed line items, providing a breakdown of services or products, quantities, rates, and totals. The built-in calculations quickly provide sub totals, apply region specific taxes, discounts, and detail the total amount owing,
Customised templates to match your organisation guidelines, and provide control over the level of content shared with clients,
Status options enable you to track and monitor payment progress, and
Invoice data connected via accounting integrations to ensure consistent information between Wiplist tasks, estimates and your chosen accounting software.
2. Benefits
Wiplist invoices simplify the billing process by:
Timely, accurate invoices contribute to improved cash flow, ensuring payments are prompt and enable you to predict future revenue,
With detailed cost breakdowns, internal teams gain clarity eliminating the need for complex spreadsheets, and
Connect invoice to estimate, task and project analytics data, streamlining reporting and providing a overall view of project finances.