1. Provide clear & professional invoices to your parties.
2. SMS/WhatsApp transaction details – Amount paid, Balance, Transaction type, etc to them right after the deal.
3. Keep digital records of your business transactions so they are easy to find when asked for.
4. Communicate with your customers about payments regularly, they’ll be much happier to get friendly reminders than an unexpected payment deadline.
5. Eliminate slow manual process, adopt digital process instead to avoid errors.
“Party Statement” of Vyapar App helps you avoid 98% of the disputes with your parties.
Where to find “Party Statement” in Vyapar App?
Go to Reports > Party Reports > Party Statement
Have Vyapar App?
How to use it?
On the Party Statement Screen, Select the Party Name you like to see all the transaction details on. You will see-
✔ The days on which you did transactions(with invoice numbers for reference!) with them and the type of transactions.
✔ The total amount you need to pay/receive (or paid/received) for that particular transaction.
✔ Pending balance amount receivable/payable for that particular transaction.
83% of Vyaparis use “Party Statement” of Vyapar App as “proof of transactions” in case of payment disputes with their parties.
