ZarMoney offers several features to streamline your invoicing and accounts receivable. You can customize invoices, change payment terms, accept credit cards online, create and enforce credit limits/credit holds, send payment reminders, and more. ZarMoney is currently working on recurring invoices as well.
ZarMoney handles the payables side of things, too. You can track your expenses and bills, automatically categorize expenses, manage your purchase orders, attach receipts, and even monitor for early payment discounts and automatically apply them if possible. There’s a payables calendar as well for easy bill tracking.
Plus, you can set authorized uses to approve A/P transactions, adding security to your payables process.
Reconciling your books with your bank account ensures accurate financials, helping you make informed decisions. ZarMoney makes it easy to identify discrepancies between the bank and your books and discover the reason behind the disparities.
ZarMoney offers a lot in inventory management, helping you track things such as inventory and cost of goods sold in your books. You can monitor inventory levels and other relevant data in real time across several warehouses. There’s plenty of customization and other advanced inventory features like split POs and price adjustments for different customers.
Reporting and Analytics
ZarMoney offers several reports, including financial statements like your profit and loss statements and balance sheets. You can also generate AP/AR reports, 1099 reports, trial balances, and more.