Tally
Bill-wise Details
Definition
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4 Related Terms
What is Bill-wise Details?
Bill-wise Details feature in Tally enables tracking individual bills (invoices) against party ledgers, allowing businesses to manage outstanding receivables and payables at bill level. This is crucial for credit management, payment allocation, and aging analysis. When enabled for a ledger, each invoice is tracked separately with its due date, and payments can be allocated against specific bills. Bill-wise tracking provides complete visibility of outstanding amounts and payment history.
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