Invoices

What it is for

How it works

• An invoice is a draft until you issue it. Issuing gives it its number (INV-0001, INV-0002 …) and posts it to the ledger, which is what puts it into receivables and the reports.
• GST is worked out for you. The place of supply on the invoice decides the split: in your own state each line shows CGST and SGST, in another state it shows IGST.
• Payments are recorded against the invoice. A partly paid invoice shows Part paid and keeps its balance; paying it in full marks it Paid. Past its due date and unpaid, it is flagged Overdue.
• When you send an invoice for the first time, a secure no-login link is created so the customer can view, download and pay it themselves.

Step by step

Every screenshot is from the live demo. The highlighted button is the one to click - nothing here is saved in the demo, so you can follow along freely.

1. 1

   Open Invoices

   Finance → Invoices → All Invoices. Filter by All, Drafts, Unpaid, Overdue or Paid. The tabs above the list also give you Reports, Messages and Reminders.

   

2. 2

   Click New invoice

   The button is at the top right (highlighted). Use Upload invoice instead to start from an existing invoice file.

3. 3

   Choose the customer and add items

   Pick who to bill under Bill to, then search products by name to add lines - the price, HSN/SAC and GST rate fill in. Set the company you bill under, a reference such as the customer's PO number, the due date and the place of supply. The total, with CGST/SGST or IGST, updates as you type.

   

4. 4

   Save the draft or issue it

   Save draft keeps it private and editable. Issue invoice numbers it and posts it to the ledger (highlighted).

5. 5

   Send it and follow the money

   Open an invoice to see everything: the items, payments, the customer link, your bank details, its history and comments. PDF downloads a copy; Send delivers it; Cancel invoice voids it.

   

6. 6

   Record a payment

   Under Payments enter the amount (it defaults to the balance), the method - such as UPI or bank transfer - and the date, then click Record. A part payment leaves the invoice as Part paid.

   

Key fields

Bill to

The customer; their GSTIN and address print on the invoice.

Company

Which of your legal entities issues it - see Companies.

Reference

The customer's PO number or your own reference.

Due date

When payment is due; drives Overdue and the aging reports.

Place of supply

GST state that decides IGST versus CGST + SGST.

Tips

• Add a custom field such as “Customer PO number” once and it appears on every invoice.
• Reminders (the Reminders tab) chase unpaid invoices automatically instead of you doing it by hand.
• Use a credit note - not an edit - to correct an invoice that has already been issued.

Related Finance, GST & Accounting guides

• CustomersAdd customers in Sayl Finance once - GSTIN, billing address and GST state code - and reuse them on every quotation, sales order and invoice.
• Credit NotesIssue credit notes in Sayl Finance to reduce what a customer owes for sales returns, price adjustments and invoice corrections.
• Receivables AgingSee who owes your business money and how overdue each invoice is with the Sayl Finance receivables aging report.
• Recurring InvoicesSet up a recurring invoice in Sayl Finance so retainers and subscriptions bill themselves weekly, monthly, quarterly or yearly.
• GST ReturnsPrepare GSTR-1 and GSTR-3B data from your invoices in Sayl Finance - B2B, B2C and HSN summaries you can export to Excel.