Financial Accounting software module for Collect

Financial Accounting software module for expense Module 1: Collect Contents Purpose Problem Points Proposed Solution Implementation • Implementation of Quick Collect: Step 1: New Request Step 2: Fill the details. Step 3: Payment request via link Step 4: Make payment • Implementation of Bulk Collect Step 1: Download the template Step 2: Fill the required details. Step 3: Send the payment request. Dashboard View Purpose • To collect the money from Vendors/Customers. • To add customers/Vendors from whom money is receivable. • To create invoices, to get paid faster and to send payment requests to clients. • Generate a link to Payment Gateway. • It allows sending payment requests to a large group of clients in one go. Create Invoice Problem Points • Manual or no database of Vendors/Customers. • Bulky handling of Manual data. • Errors while entering Manual data to Book keeping software. Proposed Solution • Enable user to add Vendor/Customer database through the platform and eliminate manual data storage. Implementation • Implementation of Quick Collect Actual Process Flow: User will fill the details of Vendor/Customer and provide link to Vendor/Customer to make the payment. Step 1: New Request User will click on new request to receive new payment. Step 2: Fill the details. Following information to be filled by user manually after selecting new request: 1. Request To: 2. Income Category: 3. Amount: 4. Invoice ID: 5. Purpose: Step 3: Payment request via link Payment Request link will be generated at user side. User will send this link to vendor/customer to ask him to make payment. Step 4: Make Payment Customer will receive the payment link and he will make the payment. • Implementation of Bulk Collect Actual Process Flow: User will be able to send payment request to a large group of clients. Step 1: Download the template User need to download the template. Step 2: Fill the details. Following information to be filled by user manually after selecting new request: 1. Customer Name: 2. Mobile Number: 3. Email ID: 4. Invoice Ref ID: 5. Amount: 6. Income Category: Step 3: Send the payment request. User will send the payment request to the Vendor/Customer. View Report Reports can be in the form of: • Profit & Loss: Summary of user’s income and expense. • Profit Report Download Report Allow user to download reports with filters.