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2. Using invoice tracking software. QuickBooks and Xero are two of many available invoice software solutions that you can use to not only generate invoices, but also track them. Pretty much any modern invoicing software has an option to send automated reminders as long as an invoice hasn't been paid.

Tips to Track Invoices Populating client data. Tallying up each line. Automatically adding tax. Sending out reminders when a customer is overdue. Collecting accounts payable in one place. Letting clients pay by card directly through the invoice.

For the best invoice tracking, a company should use a professional accounting and invoice software program. What should you look for in your invoice tracking software? Cloud backup (or fully in-cloud functionality) is a big one, ensuring you always keep track of invoices should something happen to your files.

Invoice Tracker was designed to automate your accounts receivable process. Connect and sync invoices from your Time Tracker + Billing account and start chasing down unpaid bills in just a few clicks. Save hours making calls and sending emails, connect your accounts and increase business profitability today.

You can use invoice numbers to track the invoices you've sent out, carefully noting which ones have been paid and which ones haven't. If you notice that a particular client currently has one or multiple invoices unpaid and past due, you know who to reach out to.

4 Tips for Tracking Invoice Payments Choose an appropriate accounting software: The right tools enable the best work from your team. ... Ensure accurate entry: There are many ways to capture invoices into accounting software systems. ... Adopt paperless processes: ... Run regular reports:

For tracking purposes, invoicing software will tell you when a payment is overdue. At that point, you can easily reference any invoice numbers when you reach out to the client to check on payment status. Only use invoice numbers once, even if you're invoicing different companies.