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Avoid Late Payments - The Art of Invoicing

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Accelerate your cash flow and boost financial stability by mastering the art of invoicing throug Booking Manager to avoid late payments and get paid on time. You can read through the Q&A from the webinar below or if you want to download the Q&A click HERE.

 Q&A

 

1. In case the agents are using the invoicing for their commission, will they have the option to change the details that they are issuing the invoice? For example in Greece can not be issued in our company’s details but in the ownership’s detail?

BMA: Booking Manager allows you to decide whether to issue the invoice in your name or in the name of the owner. To do so, you need to set the owner in the address book and assign it to the boat and then set up the invoice to be issued in the name of the owner, and those documents will then be visible to the agents in the name of the owner.

2. Can the invoices be transferred to my accounting software or do I have to send them via email?

BMA: Booking Manager is connected to several accounting softwares, if your accounting software allows, you can export the invoices through API directly into the accounting software.
 Of course, the invoices can also be saved as a PDF, printed or exported as an Excel file.

3. Can I set up different VAT percentages in the invoices?

BMA: Yes, you can predefine different VAT percentages in Booking Manager, per base, on the boat or for the extras.
Before issuing any of the invoices, you can readjust the percentages to match the legal requirement.

4. I have to issue the invoice to the client for the first payment, but I receive only a part of the payment from the agent. How can I invoice the client?

BMA: Booking Manager can be set to increase the payment amount by the agency commission so you can register the correct amount, select to issue the invoice in the name of the guest and the printed invoice will show the amount the client paid to the agent.

5. I want to use Booking Manager to track the payments I receive but I don’t need to issue invoices for the payments, can I do it?

BMA: Yes, you can use Booking Manager to track the payments without issuing the advance invoice.

Stay on Top of Payments

Master the tools to monitor outstanding invoices and automate payment reminders. Keep your cash flow steady by ensuring clients never miss a due date.

Invoice Clearly and Quickly

From full charter amounts to tourist taxes and extra services, learn how to create accurate and comprehensive invoices that leave no room for confusion or delays.

Bill Extras Effortlessly

Easily generate invoices for damages or last-minute service changes. Keep your billing transparent and your revenue intact, no matter what surprises arise.
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Jakub

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