How to Create Cost-Effective Solution for SMEs with Recurring Sales Invoices?

E- Invoice Meaning

Recurring Sales Invoice Business Central has become a necessity for businesses. So, as Microsoft Business Central partners, we understand the importance of Sales Invoices and the time and effort it requires creating them.

To begin with, sales invoice or sales order documents your agreement with a customer to sell specific products on specific delivery and payment terms. So, creating a new invoice for each transaction will clearly be more work.

However, we can work smarter and more efficiently with Dynamics 365 Business Central. This can be done by creating recurring sales invoices for repeat customer sales transactions. A job queue can be configured to generate these invoices automatically without the user’s intervention.

You can set it up by following the steps below:

Step 1: Define Your Recurring Sales Line

● Open Business Central and navigate to the “Recurring Sales Line” window
● Make a new code – this is a unique number that will be used to identify a specific invoice
● Then give the invoice a description – this will be the title it appears under
● And if necessary, change the currency
● Pick a type, an item number, and a quantity

Step 2: Attach to the Customer Card

● On the customer card, click “Navigate > Related > Recurring Sales Lines”
● Insert the code created above
● Then choose the dates and select a payment method

Step 3: Generate Sales Invoice

● Click the “Create Recurring Sales Invoice” window
● Fill out the fields for the order date and the posting date
● Then select the customer
● Press the “OK” button
● A pop-up window will appear informing you of the number of invoices created

Step 4: Review & Post

● Navigate to the “Ongoing Sales Invoices” tab.
● Posting > Post into the sales invoice you just created

With these steps, we can easily set- up Recurring Sales Invoice Business Central.

In conclusion, as Microsoft Business Central Partners, we at Business Experts Gulf have a skilled team to help you with all your enquiries.

So, contact us at info@bemea.com or call 00971 4 421 4909 to learn more about our E-invoice solution for Dynamics 365 Business Central.

Microsoft Dynamics Business Central

e invoicing solution provider

Business Experts Gulf (BEG) is an e- invoicing solution provider as a Gold Partner of Microsoft. (BEG) has come up with solution that enables Dynamics 365 electronic invoicing (e-invoice) to strive and offer finance departments a far better service than the standard e-invoicing software.

E is for easy

Skip the printouts, the postal waits, the approvals, the scans, forwards, and the deliveries. These time-consuming manual procedures can be easily eliminated by using e-invoice.

In addition, this would result in fewer manual steps mean fewer errors and a much faster e-invoicing process. Hence, a faster, more accurate process means faster circulation of money. All of this adds up to getting paid the right amount, at a quicker pace.

Moreover, the adoption of e-invoicing has a number of advantages for firms. Businesses will benefit from this digital transformation opportunity since they will be able to:

  •  Swift and quick payments
  •  Cost savings
  •  Fewer rejected invoices
  •  Shorter processing and payment timelines
  •  Increased AP productivity
  •  Increased accuracy by focusing on quality tasks
  •  Improved cash management

E is for entrusting

Furthermore, while considering how easy and convenient this process is, laws should also be considered before jumping into new systems for the business. Fortunately, The UAE recognizes electronic and/or digital invoicing. The Federal Law No. 1 of 2006 on Electronic Commerce and Transactions regulates the use of electronic records, papers, and signatures in electronic transactions and commerce.

So, the legislation includes uniform rules, regulations, and standards for electronic communications authenticity and validity, including electronic invoicing and the use of electronic signatures.

E is for eco-friendly

Just this year, the Dubai Digital government decided to go paperless – saving time, resources, and the environment by eliminating more than 1 billion pieces of paper needed for government transactions each year. In addition, the government will no longer issue or request paper documents in any of its operations.

With this news in hand, e-invoicing has made tasks at hand more efficient and convenient while benefiting the environment with this initiative.

Moreover, this digital transformation considers the laws and regulations of the UAE.

In conclusion,, the shift to digital practices has made it the perfect time for your business to use the most efficient system and partner up with Dynamics 365 and Business Experts Gulf.

To know more about our E-invoice solution on Dynamics 365 Business Central, contact us at info@bemea.com. As an E-invoicing Solution Provider, we would be happy to be of assistance.

Sources:

https://u.ae/en/information-and-services/business/digital-invoicing
ZATCA Guide to E-Invoice