Foreign Exchange Currencies
A forex rate is a financial account maintained by a bank or other financial institution in which the financial transactions between the bank and a customer are recorded. G7BILL gives you the provision for adding details of your forex rates which you normally use for your daily transactions. ...
Tax Settings Management
As an online merchant, you may need to collect taxes (sales taxes in the US, VAT in Europe and Japan, GST in Canada, etc) and then periodically forward the collected tax amounts to appropriate tax authorities. This page helps you to understand the exact price that they’ll have to pay for a produ...
Manage your Bank Accounts
A bank account is a financial account maintained by a bank or other financial institution in which the financial transactions between the bank and a customer are recorded. G7BILL gives you the provision for adding details of your bank accounts which you normally use for your daily transactions. ...
Statement of Transaction History
A statement is a commercial document that typically shows a summarry of all the transactions of an account during a given period of time. G7Bill offers you as an account holder the ability to view your a report of all your transactions in real time. What is a statement used for Re...
Debit Notes Management
A debit note also known as a debit memo is generally used in business-to-business transactions and is issued by a vendor to inform the buyer of current debt obligations, or it is sent by a buyer to a seller when returning goods received on credit. The intent of this document is to notify ...
Credit Notes Management
Credit Notes play an important role in the invoicing process, although they’re not always frequently used, and so can be a little confusing to understand. In this article, we demystify credit notes so you know exactly what they are, when and how to use them. What is a credit note A ...
Quotations Management
A quotation which is also known as a proforma invoice or quote is a document that a supplier submits to a potential client with a proposed price for the supplier's goods or services based on certain conditions stipulated by the client. Purpose of a quotation A quotation's purpose...
Invoice Management
An invoice is a commercial document that is issued by a seller to a buyer, relating to a sale transaction and indicates the products or services, their quantities and the agreed prices the seller had provided the buyer. G7Bill offers the ability to view and manage invoices. What is an invoi...- Invoice Management
- An invoice is a commercial document that is issued by a seller to a buyer, relating to a sale transaction and indicates the products or services, their quantities and the agreed prices th...
- Quotations Management
- A quotation which is also known as a proforma invoice or quote is a document that a supplier submits to a potential client with a proposed price for the supplier's goods or services ba...
- What is online accounting software?
- Online accounting software is sometimes called 'cloud-based software'. It allows users to create, store and send invoices from any device. You don't need anything saved on your computer, and...
- Account Profile Rating
- According to The Great Seven, profile rating is a process where by your level of trust is determined based on the number of stars that you have in your account. This means that the mor...
- Can my accountant access my account?
- Absolutely. Since your accounting system is connected to the cloud, they can use their own login to access reports like the user management reports, accounting reports, products reports etc ...
