How to sync your numberz data to Tally

 

Prerequisite steps for using Tally Sync – 

  1. You should be registered with numberz. 
  2. Download Tally sync for google chrome plug-in from here
  3. Should also have Tally installed on the system.

Step:1 Open Tally in the background with the company details updated. Now login using the same credentials you use in the numberz –

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 After login, you should be able to see the invoices and debit notes in the plug-in.

Step 2: Customer name(Sundry Debtors) and Item name(Stock Item) will be automatically created in Tally. User can also manually create Sundry Debtors and Stock Item manually. It automatically updates in numberz when user refreshes the page. 

Click Account info → Ledgers→ Display→ You  can see create Sundry debtors,duties and taxes, Sales account.

Click on create to add any of the mentioned ledgers. Click on Alter to delete and edit the ledger. 

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Step 3: Click on create mandatory fields and select any of the Sales Account, Sundry Debtors or Duties and Taxes. 

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Step 4 : Click on Inventory info → Stock items→ here also you can create, display and alter for the Stock item.

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Step 5 : Now you need to add the details of Name and Units. Unit of measures should be created before accepting.

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Step 6: In the chrome plug-in window, click Setup and navigate to taxes in the top bar. Your Tally’s duty and taxes should be same as your tax types and rates in numberz account. 

Note : This is a one-time setup. Once you finish the mapping, you can sync all the data back to Tally.

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Step 7 : Navigate to the Stock Items where you can set up the item line and numberz tax will automatically get mapped to the particular item line in Tally tax.

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Step 8 :  Click on Sync To Tally in left panel. You can now verify that your invoices and debit notes are present.

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Step 9 : Select the invoices which you want to sync to the Tally server and Click on Sync to tally.  The invoices will get automatically merge in the tally server under the selected company name.

Click Display → Trial book. You can see all the synced invoices from numberz

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Congratulations ! You have synced all your invoices and debit notes to Tally

 

Get paid faster

For any business, sending timely invoices and offering easy payment options is the key to get paid faster. Numberz helps you create professional looking estimates & invoices from easy to use templates & send using mail.

Just in case you need it , we have also given the option to follow up on pending invoices. And since everything is online, you can check the payment status anytime, anywhere. Once you get paid, you can easily reconcile invoices from bank transactions.

What you need to know about Numberz this November 2016

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Hope numberz is working great for you! Like always, we are ever so thankful for your trust on us! Here is some new nifty stuff on numberz that we are sending your way – second time this month!

  1.  Your Invoices, Your way: Get more control over your invoices! Now you can customise your invoices based on your preferences. YouSimplified Credit Line Process can resize the logo, change its position and do more with the new A4 paper fit invoices.                   invoicesmasterhead
  2. Simplified Credit Line Process: Credit Line application is now smarter, simpler and quicker. Create your own scenarios to get a quick estimate of your credit line eligibility. And if you DO need the credit line or a loan, just click the Get Credit Line button, verify your details and get the monies! If your have you Aadhaar number handy, we can do it much much faster! Know more about credit line processget-moeny
  3. Improved Estimates : Estimates on numberz got a great facelift – both in form and function! You will fall in love with them for sure! Go ahead and try. estimatesYour feedback matters a lot in helping us create a world class product that you love! Go ahead, explore it more. We’d love to know what you think.

Will GST change your business? We break it down

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What’s the big deal about the GST bill? For your business, it can mean huge, awesome changes!

It is the first overhaul in our taxation system since 1947, yep, that’s right the first major change since Independence. (It’s the 101st Amendment Bill- a fact for your history trivia buffs)

So, what it GST?

Let’s keep it simple- GST is the Goods and Services Tax.Right now, across India there are different taxes and tax rates. The GST Bill aims to say adios to all that confusion and implement a single tax and rate. Sounds good, so far, right? Let’s dive into how it’ll impact your business:

  1. Can the Indian Tax System be Tamed? Earlier you had to work with various tax departments of each state and compile your returns based on several regulations. With the new GST, these issues will be a thing of the past as all taxes will be integrated and the process of filing taxes is much simpler.
  2. Sales Tax, Service Tax, VAT- too many taxes?:Currently you have to pay many different taxes and it can take a lot of time to compute them separately. Now GST will combine all taxes and give you a uniform payment rate.
  3. Can you imagine a world of easy logistics?: When transporting your goods from one state to the next, your vehicles are now stopped at the borders for checks. Interstate movement will change drastically as these checks will be shorter and these taxes will be eliminated with the GST.
  4. Open, Click, Startup: All new businesses require a VAT registration to function and this can be complicated when operating in many states and following different procedures and fees. The introduction of GST will allow a single process of registration and help new startups enter and expand easier than before. With the Digital India and Startup India initiatives, you can also register your startup online.
  5. Who doesn’t love exemptions?: Businesses having to pay a higher VAT for a turnover of more than Rs. 5 lakhs will now be exempt upto Rs. 10 lakhs and above. If you have a higher turnover, fret not, here’s your reason to cheer as tax on turnovers between Rs. 10 to 50 lakhs will be considerably lower.

The GST is here to help your business grow and develop with the added advantage of exemptions and lower total taxes.

Here are the Tax rates:

The GST Council recently put forth a four-tier tax rate system of slabs fixed at 5%, 12%, 18% & 28%:

  • There are two standard rates of 12% and 18%
  • There will be a 5% tax rate on goods that fall under the category of mass consumption
  • The tax on essential items have been reduced while that on luxury goods will be higher
  • Roughly 50% of goods that fall under the consumer inflation basket will be kept at 0% to tackle inflation, while the items that will incur the 28% tax rate were previously taxed at 30-31%

Does it sound like too much for your business to keep track of? We have the simplest solution with Numberz! At Numberz, we are getting ready for new GST regime and at launch will be GST ready, and with your business can be ready too!

 

 

 

 

 

How to apply for a credit line

Step:1 When you click on the credit line, you will be greeted by a welcome window which explains about credit line, its benefits, easy and hassle free process.

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Step:2 click on “got it” after reading that

Step:3 Here you can get an estimated credit after providing basic information using the sliders

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Step:4 Now for the actual credit line, click on “get credit line”.

Step:5 Here your credit line application process begins. Enter the company name, date of corporation, Company PAN and click continue.

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Step:6 Verify you aadhaar number with valid OTP and the details will get filled automatically once the aadhaar is verified. After that enter the PAN.

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Step:7 After clicking on save, click continue, you will see the details you have filled. Click “add more applicants” if you have more than one business partners, else continue

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Step:8 Click on the Choose Files to upload bank statements. One the upload is finished, click continue.

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Step:9 Validate the information provided is correct in the confirmation page and click submit button. You will get a success message.

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Step:10 Congratulations ! You have successfully applied for a credit line.

 

cashflow management

What you need to know about Numberz this November

Hope you are having a great festive season!  We’re here with some updates that are bound to make your day and your business journey so much better. Here’s what we have for you:

Improved Invoicing

We’ve made invoicing a 5-star experience, just for you. From an interactive guide that you can access any time, to the option of previewing and sending your invoices to multiple emails at once the improvements are many, many more! Learn More

Simplified Weekly Reporting

How are your numbers doing this week? Get powerful insights straight in your inbox every Monday morning with the summary of your payables, receivables, and your cashflow.

Reinforced Security

More security to you! Your email verification just became smarter and sharper – to ensure an even more secure numberz experience. This is in addition to the way we provide bank grade security right from the login to the way we bullet proof your data and make sure that it is for your eyes only. Learn More

Instant Notifications

Numberz gets a nifty new notification panel. Now, get notified the moment that invoice gets paid, or the moment it gets overdue and many other business reminders. That’s not all. You can also stay up to date with all the exciting new features, including the ones we keep adding via our in-product notifications.

It’s a whole new world out there. Go ahead, explore it. We’d love to know to what you think!

How To Get Invoicing Help When You Need It

We know that the hardest problems have the simplest solutions and so, we’ve introduced a guided interaction for creating invoices. Here’s how you can go about it:

If You’re Just Getting Started On numberz

Step 1:  When a new user is signing up, he/she is shown two options – one is “Guide me” and other “I will explore myself”.

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Step 2: When the user clicks on “Guide Me”, it will help the user create his/her first invoice after filling major fields like company information, customer info, item info and the price of the transaction. After reviewing the final price and all the details, the user can hit send.

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Step 3: Click on the plus icon to navigate to the company information popup, where you can fill up your company details and upload your logo.

Note: The details entered are editable later. All you have to do is, navigate to settings where you can edit and update the company details.

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Step 4: Once you have added the details of your company info, the tool tip will guide you through adding customer information. Fill all the required fields in the customer information page. Click on the save button to save all the information and it will be displayed in the invoices page.

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Step 5: Click next. Navigate to ‘add new item’ and it will navigate to the item information popup.

Step 6: Click next to review if the given prices are right or not.  Click send to save your invoices or send a mail to your customer.

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If You’re An Existing User

Step 1: When you click on  “Add invoices”, you can see an option called “Guide Me” in the top left corner.

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Step 2: Click on “Guide Me” to create your invoice and enjoy the tour as you learn how to create invoices more in detail.

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8 Tips To Get Paid Faster Instantly

 

Whether you run a product or a services based company, getting paid on time can be a real pain. We all know the challenges – the accounts team may not have sent the invoice on time or customers simply disappear or you need to make multiple follow-ups to even get a response.

But, the faster your payments, the smoother your business runs.  And we know exactly how to make it happen! Read on to know our secrets:

  1. Mark those payment dates:

    Working on a big project for a new client? Don’t wait till the end of the project to get paid, break down the project into different milestones of tasks completed.  Check if this works with the client and bill them accordingly.  Are you shaking your head thinking about the extra work of having to track of all those partial payments every month? With nu,mb,erz invoicing solution, invoices will be sent automatically to your clients every month with the due amount. Now, how easy does that sound?

  2. Set Automatic Reminders:

    Follow-ups can take a lot of time and let’s face it, it can be embarrassing too. Don’t be a pest but develop the skill of asking politely and persistently. Building a good rapport will allow you to expect faster payments.

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    With the automatic reminders from nu,mb,erz invoicing solutions, you can say goodbye to those unwanted follow-ups!

  3. Have a quick payment turnaround:

     

    When the work is complete, send your invoices immediately and don’t let them pile up. Let all your invoices be on top of your to-do list, avoid sending your client a huge total to pay. When your business is paid in small amounts, you can steadily build your payments and in turn pay the invoices that are due to other businesses- so everyone wins!

  4. Be Thorough:

    When your invoices are sent, do you find that you have to explain a lot of the charges? You can say goodbye to all the back and forth by being extremely clear on your first invoice. Adding to that, nu,mb,erz invoicing solutions will help you create just the invoices you are looking for –  professional and detailed – so your client won’t be confused by the charges and you won’t have to worry about either an overdone or ill-designed invoice.

  5. Consider charging Interest:

     

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    Think your client needs a little push to start paying on time? You could explore the option of charging interest on late payments. While some might think this is an extreme step, you can implement this policy on those serial defaulters that seem to never learn.

  6. But Think of Discounts, too!

    Okay, we know how some clients love discounts, who doesn’t? So, offer them some. Set up a dynamic discounting system with nu,mb,erz with which you can  offer your clients a 2% discount when they complete the payment by Due Date and a 5% discount if they do so before the Due Date. Oh, did we tell you, you don’t have to worry about crunching a single number for all those dynamic payments? Yep, staring at your accounting books is a thing of the past.

  7. Make Deadlines Matter:

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    By letting your clients know in advance about the payment deadline, you can reduce confusion and miscommunication. When they sign the work contract, make sure you are both on the same page when it comes to payments. Restate them by printing these deadlines on the invoices and other transport documents.

  8. Let them Consider Instant Payments:

    Sounds impossible? Nope, because you can add an option for the client to pay online directly on the invoice itself!

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    Use nu,mb,erz for this cool option so that your clients are also reminded of their payments every time they see your invoice. Plus, online payments are convenient for many people which help you control your payments even better!

Like all spheres of your business, relationships make a real difference! Building a good rapport with your clients is a great idea but to personally know who is making payments from the client side can be an added advantage too. This can be done by simply sending a handwritten thank-you note regularly or calling every so often for a quick chat.

With value-based pricing, you can get paid faster and work towards getting more business instead of running after payments. Online Invoicing apps and online products enable you to detect payments and share invoices instantly. Tracking, analytics, and reminders can be automated making your life even simpler.  Also, have you checked out the “Pay Now” button on nu,mb,erz? It can give your client that extra push to pay to real quick!

cashflow management software

The numberz Safety Promise – Why Using numberz Is Perfectly Safe for your Business

Rest assured that your data is highly safe & secure both when it is transmitted over the internet and when it is stored/processed on our database and servers.

 

If you have to know the technical details, here it is.

 

SSL Encryption: The connection to this site is encrypted and authenticated using a strong protocol (TLS 1.2), a strong key exchange (ECDHE_RSA), and a strong cipher (AES_128_GCM).

Password Protection: Your password is not stored in its readable form in our database. We hash your password using bcrypt hashing (with an appropriate salt) and only store the hash in the database. At the time of login, we compare the hash of the provided password with the hash stored in the database. This ensures that no one can read your password, not even us!

Multi-user Security: We offer multiple permission levels that can limit the access privileges of each user, so you have complete control over who can access what. For e.g. your accountant or staff will have limitations on what data they can view & update.

Data Protection: Our server infrastructure (both application & database server) protect your data from unauthorized access. There are multiple levels of security checks and encryptions to make sure your data is safe. Our application and database layer are co-located in the same availability zones to prevent any “man-in-the-middle” attack (i.e. someone listening on the unencrypted data flow) from the outside.

Data Backup: All your data is backed up automatically in the cloud on a daily basis. This means we can retrieve data as necessary in case something goes wrong.

Privacy: Your data will not be shared with anyone without your prior permission. If you do decide to avail credit or loan, then you will be asked for explicit permissions for sharing your data. You can learn more about our privacy policy here.

 

What you need to know about numberz this October 2016

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We know that with great power comes great responsibility. Which is why, we consider it our responsibility to tell you about the latest features we’ve introduced for a power-packed numberz experience. A highlight of the new features at your disposal:

 

  1. Multi User Capabilities : Double your efficiency by adding other people so you can manage your money matters simultaneously. Whether it’s your accountant, admin, or staff there’s room for assigning 3 roles to any number of users. Know More

multi-user2. Auto Bank Reconciliation : Bid goodbye to adding your expenses manually. Simply connect your bank account to your numberz dashboard and enjoy instant expense reconciliation with real time updates. Know More

autobank3. Your Invoices.Your  Way. :Enjoy more options to customize your invoices for   your business. Print them on your organisation’s letterhead and add an authorized signatory. Leave your mark on your clients! Know More

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4. And Lots More By Yours Request :Money management is easier than ever before with improved features and additions like filtering invoices on their due dates, making partial payments to vendors and more, apart from regular bug fixes.

and-lots-moreImproving your numberz experience is the foremost goal of our brand journey and we hope to keep meeting it successfully. Visit our portal to explore the new features and let us know if you have any suggestions!

Here’s to becoming bigger and better,