Raseed Trade invoicing software enables your businesses to be on top of their financial game. Choose Raseed’s best tradesmen invoicing app for hassle-free, efficient management of your trade invoicing needs.
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Android Mobile App
On Google Play Store
Use together on Mobile/Desktop
User Management Feature
Using our traders invoicing software you’ll easily be able to draft and send detailed estimates and quotations along with taxes to your clients. These can later be converted to bills with just a few clicks saving both parties a lot of time and effort.
Through the help of the inventory management system built within Raseed, you can easily set up custom alerts when your stock decreases to a certain level. This will help remind you to restock your goods so you don’t run out of products to sell.
As a trader, you will have many clients. It’s not humanly possible to run behind each one of them and keep reminding them to complete their payments. Now you can easily set up payment reminders before the due date for all your customers and send them via WhatsApp and SMS. Raseed invoicing software for tradesmen also allows you to send bulk payments via SMS in a single click.
The name of the software ‘Raseed’ literally translates to ‘trade’, you can probably guess why our service is perfect for traders. Whether you’re a distributor, wholesaler or retailer, Raseed is a billing/invoicing software built keeping in mind the accounting requirements of people in this industry.
Whether you are a wholesaler dealing with many retailers or a distributor dealing with multiple parties, Raseed’s multiple payment modes allow you to carry out transactions much more smoothly. Giving your customers or clients the flexibility to use a payment method they are most comfortable with, ensures faster payouts and builds your business relations.
The desktop software version and the mobile tradesmen invoice app from Raseed give you a complete business dashboard that displays all the necessary data from your daily business activities in one place. From your cash in hand, open cheques, stock value, bank balance, sales orders, low stock inventory, purchase orders, delivery challans, expiring products, all the way to expenses and much more.
All in all, it is the best inventory & order management system along with billing and invoicing. This complete setup will help you monitor the financial health of your business and make informed decisions.
All your data which is stored on Raseed trade invoicing software can be easily synced and stored in your Google Drive account. This helps you keep the risk of losing data at bay and your financial records safe.
Raseed also has an inventory management system that allows you to track and manage your stock of goods using barcodes and other important attributes of your goods.
Raseed’s software can generate invoices even without an internet connection. We’ve enabled this feature so that our customers’ businesses do not have to rely upon the Internet for accounting. If a customer wants his data to be synchronized across multiple devices they have to use the online version of Raseed which requires an internet connection.
The benefit of having a business dashboard is being able to create and store important financial transactions through Raseed which gives the ability to create many types of reports. These reports will help you track, identify and rectify business downfalls and opportunities to grow.Here’s a list of some of the many reports you can create using Raseed:
• Transaction
• Inventory report
• Monthly GST Report
• Party report
• Cash flow
• Sale aging
• GSTR 1 format
• GSTR 3B format
• GST related reports
• Balance Sheet
• Profit & Loss
A trade invoice contains specific details crucial for international transactions. Many invoicing software programs like Raseed’s invoicing app for traders can help you create professional trade invoices.
Here’s a step-by-step detail of what to include in writing the trade invoice for your customer:
Header
Invoice Details
Product/Service Details
Additional Costs (if applicable)
Summary
Trade invoicing refers to the process of creating a document that details a commercial transaction between a seller (exporter) and a buyer (importer) involved in international trade. It’s essentially a bill sent by the seller to the buyer after the goods or services have been delivered.
An invoice plays several crucial roles in trade, both domestically and internationally. Here are some of the main reasons why invoices are essential:
1. Communication and Record Keeping
2. Facilitation of Payment
3. Customs Clearance
4. Legal Protection
The key difference between a trade invoice and a non-trade invoice lies in the nature of the transaction traders represent.
Trade Invoice: Used for international trade of goods or services.
Non-Trade Invoice: Used for domestic transactions that aren’t related to the import or export of goods/services.
Trade payables represent the amount a business owes to its suppliers for goods or services purchased on credit. There are two main metrics used to analyze trade payables:
1. Average Trade Payables:
Formula: Average Trade Payables = (Opening Trade Payables + Closing Trade Payables) / 2
2. Trade Payables Turnover Ratio:
Formula: Trade Payables Turnover Ratio = Cost of Goods Sold (COGS) / Average Trade Payables
Tradeshift invoicing refers specifically to the e-invoicing functionalities offered by the Tradeshift platform. It’s a cloud-based solution designed to streamline the invoicing process for businesses involved in domestic and international trade.
