Accounts receivable
Learn how Monite helps with accounts receivable automation.
Overview
Accounts receivable refers to the money owed to a company by its clients for products or services that have been delivered but have yet to be paid for by the clients.
Some of the document types used in accounts receivable are:
- Invoice - a request for payment that lists the products or services the company delivered and the amount due.
- Quote - a formal offer that details how much the products or services will cost before the client commits to a purchase.
- Credit note - reduces the amount due on an invoice.
With Monite API, partners can automate the accounts receivable processes for SMEs to enable them:
- Generate branded invoices, quotes, and credit notes.
- Generate a downloadable PDF or send the documents via email.
- Automatically send payment reminders to the SME’s customers.
- Track the status of documents—issued, paid, or expired.
Learn more
Invoicing
Create and manage invoices for payments with Monite.
Learn about the statuses that an outgoing invoice goes through inside Monite.
Learn how to create an invoice to collect payment.
Learn how to set the amount of time to pay an invoice and to include discounts for early payments.
Learn how to automatically send payment reminders to customers before the invoice due dates and early discount dates.
Learn how to send automated reminders about overdue invoices to customers.
Learn how to create and manage recurring invoices in Monite.
Quotes
Create, send, and manage quotes sent to customers with Monite.
Learn about the statuses that a quote goes through inside Monite.
Learn how to create a quote and send a formal offer.
Miscellaneous
Other relevant resources for integrating accounts receivable with Monite.