billing and recovery · available
Settled is not the same as paid, and Opelis keeps them apart.
Client bills, receipts, deductions, security deposits, withheld amounts and performance-guarantee recovery, in a ledger where billed, settled and cash received are separate numbers.
one bill from the sample ledger
₹8,00,000billed₹7,00,000received
The ₹1,00,000 between them is security deposit ₹32,000, withheld ₹40,000 and other deductions ₹28,000. Each one stays visible as a recoverable hold until it comes back.
illustrative figures from the sample ledger, not swastik’s records or results
Recovery, tracked until the money is back.
01 · what stays visible- Security deposits
- Held per contract, with the release conditions and the date it should come back. A deposit sitting with a client for years is a line a director sees every week.
- Withheld amounts
- ESIC, PF and other reimbursable holds, recorded on the receipt that created them, with a recovery status of their own.
- Performance guarantees
- Bank guarantees awaiting release, with instrument, bank and expiry, kept out of cash figures until they are returned.
- Payment due
- What has been billed and settled but not received, with an owner for the follow-up and the number of days outstanding.
Bills and receipts, one record each.
02 · the recordsClient bills
RA bills and final bills per section, with the period, the submitted amount and the bill proof attached.
Receipts
Bank cash after deductions, matched to the bill it settles, with each deduction recorded separately.
Exports
Section and full-ledger CSV exports, and vouchers to Tally with read-back, so the accountant's books and the job agree.
Put one of your own bills through the ledger.
Seven days free, no card needed: every available feature of Opelis Office and Opelis Site, with a sample job to explore. Or Dhruv walks you through it on your own tender.