What was billed?
The bill is ₹8,00,000. The recorded settlement is also ₹8,00,000.
Platform / Billing, payments & recovery
Keep track of what is paid and what is still recoverable.
A raised bill is not cash in the bank. Keep billed amounts, settlements, deductions, bank receipts and outstanding recoveries distinct.
An example from the product
A settled bill is not the same as money received.
Follow one sample bill through the Financial Ledger. Each amount answers a different question.
Illustrative sample data, not Swastik’s records or results.
What actually arrived?
The bank receipt is ₹7,00,000. Settlement alone does not tell you how much cash arrived.
What is still held?
₹32,000 is held as security deposit and ₹40,000 is withheld. Keep both in the recovery review.
The remaining ₹28,000 in this sample is other deductions. Not every difference between a bill and bank cash is money still due.
View the full ledger and recovery workflowWhat was billed?
Keep bill records tied to the project so finance and operations can refer to the same commercial context.
What actually arrived?
Bills, settled amounts, bank cash, deductions, and payment due remain separate records. Review the gap rather than treating settlement as cash received.
What needs following up?
See the amounts still due alongside the owner and supporting project record.
After project completion
Don’t let recoveries
disappear from the review.
Keep security deposits, withheld amounts and performance guarantees visible through recovery. Completion of the work should not mean losing sight of what is still outstanding.
Start with a conversation
Bring the process. Leave the confidential records.
We can start with how your team works today, without sharing client documents, bank details or sensitive financial information.