What's new?
- We have started supporting invoices which will have 0 net payable amount. How to generate them?
- 100% Discounts
- Negative Priced Items
- Zero amount invoices will get generated directly in paid state & Receipts will be generated for them
Why do we need them?
-
Compliance & Record Keeping- They help in tracking and documenting all transactions, which is essential for internal audits and financial transparency. In some jurisdictions, businesses might be required to document all transactions, including those where no payments are made
-
Marketing & Promotions- Issuing a zero amount invoice for complimentary services or goods provided at no charge can serve as a professional way to acknowledge the transaction, reinforcing customer relationships and ensuring clear communication
-
Dispute Resolutions- If a dispute arises regarding the delivery of goods or services, a zero amount invoice serves as proof that the transaction occurred, even though no payment was involved
