The other half of every transaction. One list for the people you sell to and the people you buy from, because plenty of them are both.
Software often splits customers from suppliers, which looks tidy until you meet the business you buy raw material from and sell finished goods to. Split across two lists, their real position with you is the difference between two numbers nobody puts together.
Kept as one party, everything about them sits in one place: the GSTIN a bill needs, the credit days that set due dates, the limit that warns at billing time, the special rates you have agreed, and the running balance that already accounts for both directions.
One at a time, or bring the whole list in from a spreadsheet.
Credit days and a limit, if you give them credit.
The tax, the due date and the ledger all follow from the party.
Their balance, statement and history, in one place.
The money side of the business: what has been billed, what has been collected, what is still owed, and what the tax on all of it comes to. Party ledgers sit at the centre — every bill and every payment lands on somebody’s khata, and the balance there is the number you act on.
Most of this area runs on its own once bills are being raised: ledgers update as you bill, reminders go out on their due dates, and the GST reports are built from what is already recorded.
Everything that hangs off a party.
Party-wise ledger · Party-wise outstanding · Parties statements · Party-wise profit and loss
Every feature, by plan →No, they are one list. A business you both buy from and sell to is a single party with both sides on one ledger.
It decides whether a sale is intra-state or inter-state, which decides whether the bill carries CGST and SGST or IGST.
Yes — parties can be brought in from a spreadsheet rather than typed.
The customer who is also a supplier should be one position, not two numbers.
