The Profit Loss statement in neetoInvoice is a vital feature for monitoring and analyzing your business's financial performance. It calculates net profit or loss by deducting expenses from revenue, providing a clear understanding of your financial position. Positive net profit signifies profitability, while negative net profit indicates a loss. Customizable time periods allow analysis over different quarters or years, empowering you to track progress.

Profit Loss Statement

neetoInvoice works with Stripe, a reliable payment gateway, for easy online payments. Clients can view and pay invoices using their cards right in the neetoInvoice platform. This integration ensures secure transactions with Stripe's strong security measures. neetoInvoice automatically updates payment statuses and notifies clients when payments are made. It also updates invoice statuses, reducing manual tracking.

Accept Payment Through Stripe

The Account Aging report in neetoInvoice categorizes overdue invoices into different time intervals, such as 0-30 days, 31-60 days, 61-90 days, and 90+ days. It provides the total amount due for each client based on their outstanding invoices, helping you effectively track and manage accounts receivable. By analyzing the report, you can identify clients with overdue payments and prioritize collection efforts. 

Account Aging Report

neetoInvoice's Add Checklist feature enables you to create task checklists. You can add items to the checklist, mark them as required or optional, and complete them before logging your work. This feature ensures that important steps or actions are completed before progressing with the task, helping you stay organized and ensuring that nothing is overlooked. 

Add Checklist

Autolock Timesheet feature in neetoInvoice automatically prevents changes to timesheets after specific time intervals, such as the end of the day, end of the week, or end of the month. This ensures data integrity and accuracy in time tracking. Only admins have the authority to override the locked timesheets and make edits if necessary. These overrides are tracked and can be viewed in the Autolock Override Report.

Autolock Timesheet

neetoInvoice centralizes client information for easy organization and management. Create and store client profiles with contact details, billing information, and more. Categorize clients, assign them to projects or teams, and streamline tasks like invoicing and project tracking. Efficiently manage clients to enhance relationships and ensure smooth operations.

Client Management

neetoInvoice makes tracking expenses simple. You can easily add and categorize expenses, including the date, description, and amount. You can also upload receipts or important documents as images or PDF files. The Expense Tracking feature smoothly integrates with the Invoicing feature, so you can link expenses to clients for reimbursement or include them in client invoices. This keeps you organized and everything in one place.

Expense Tracking

neetoInvoice offers Google Sign-in, allowing you to log in using your Google account. Simply click on Login with Google to access your neetoInvoice account without the need for separate login credentials. This feature provides convenience, security, and a seamless onboarding experience for users with Google accounts.

Google Sign In

neetoInvoice simplifies adding timesheet data by allowing easy import of CSV files. Instead of manual entry, you can quickly upload the relevant information. This is ideal for large volumes or external sources. Importing saves time and ensures accuracy. Clear instructions guide the process, ensuring the required format and fields. Once imported, the data is instantly accessible in neetoInvoice, facilitating efficient management and analysis of recorded hours for projects and clients.

Import Timesheet

neetoInvoice streamlines invoice creation and management. Effortlessly add client details, items, and taxes with our user-friendly interface. Automatic calculations minimize errors in subtotals, taxes, discounts, and totals. Track payments, mark invoices, and record payment details. Access a centralized dashboard for easy management, status viewing, report generation, and export options.

Invoicing

The Missing Timesheet Reminder feature in neetoInvoice helps you keep track of your timesheet entries. It sends you reminders through email and push notifications if you forget to log your work within a certain time. You can set the reminders to be sent at a specific time, like same day or next day at 9:00 PM. The goal is to make sure you don't forget to log your work.

Missing Timesheet Reminder

The neetoInvoice mobile app lets you access and manage timesheets and project tasks from your mobile device. Use the timer for accurate time tracking, and receive push notifications for missing timesheets. Add or remove yourself from projects for flexibility. Stay productive and organized on the go with the neetoInvoice mobile app.

Mobile App

Multi Currency Support feature enables you to manage invoices in different currencies. You can set up your account to raise invoices in multiple currencies, catering to global operations and international clients. Also, choose from a variety of currency options to suit your business needs. You can assign specific currency types to clients, ensuring invoices and payments are processed in the appropriate currency. 

Multi Currency Support

The Overdue Invoice Reminder feature in neetoInvoice keeps you informed about your outstanding invoices. It automatically sends email notification to you every Monday at 9:00 AM in your local timezone, providing details of all your overdue invoices. This helps you stay on top of your accounts receivable and reminds you to follow up with clients for payment.

Overdue Invoice Reminder

neetoInvoice streamlines project planning, tracking, and management. Create, organize, and assign tasks with checklists. Monitor progress, access project details, billing rates, and assigned resources from a centralized hub. Gain a comprehensive overview for effective resource allocation and informed decision-making.

Project Management

neetoInvoice's Project Summary provides a simple overview of your project, including the project name, tasks, and their durations. It helps you track the progress of your project. Additionally, neetoInvoice offers a detailed report that provides more information about the time spent on each task, including dates, durations, task descriptions, and contributors. This report enhances your understanding of time usage and enables effective project management.

Project Summary

Revenue Report in neetoInvoice shows how much amount your business has billed, collected, and is still owed by clients. It breaks down these amounts on a monthly basis for a specific year. This report helps you keep track of your business's finances by giving you an overview of the revenue generated from clients and the status of payments. You can customize the report to focus on specific years or clients and also export it in CSV format for further analysis.

Revenue Report

neetoInvoice ensures the security of your data through SSL encryption. This encryption technology safeguards your sensitive information, including client details, financial records, and project data, from unauthorized access and potential breaches. With SSL encryption, only you and authorized users have access to your data, ensuring it's confidentiality and privacy.

SSL Encryption

Effortlessly track work hours with neetoInvoice's time tracking. Mobile app offers timer-based tracking, while web version allows manual logging with notes and project details. Ideal for precise invoicing and billing based on time spent. Stay on top of projects, achieve accurate client billing, and maintain a healthy cash flow.

Time Tracking

neetoInvoice's Timesheet Reports feature generates summarized reports of logged hours on projects. It offers three types: weekly, monthly, and user summary reports. The weekly report displays individuals' logged hours per week, along with their verification status. The monthly report provides a consolidated summary for a specific month, while the user summary report shows the total logged hours per user across projects. You can export these reports in various formats. 

Timesheet Reports

neetoInvoice's Unbilled Hours Report provides crucial information about unbilled hours worked by individuals or teams. This report helps track and manage billable hours to ensure accurate and timely invoicing. By reviewing the report, you can identify missed billable hours, address billing discrepancies, and invoice clients for outstanding work. 

Unbilled Hours Report

neetoInvoice allows you to invite and work with as many team members as you need. There are no limits on the number of people you can add to your neetoInvoice account. Each team member gets their own access and permissions, ensuring secure and organized collaboration. Whether you have a small team or a large organization, this feature promotes teamwork, collaboration, and efficient project management.

Unlimited Team Members

neetoInvoice enhances account security by implementing One-Time Password (OTP) verification. With this feature, you receive a unique OTP via email each time you log in. You must enter this OTP to access your neetoInvoice account, adding an extra layer of protection against unauthorized access. This authentication measure ensures that only authorized users can manage and access your account.

Verify Via OTP

neetoInvoice ensures accurate time records by sending a weekly report on Saturdays at 9:00 AM in your local time zone. The report includes a new column to track timesheet verification. Simply click the Verify Timesheet button in the email to confirm the accuracy of your hours. The report will then update with the verification status. This feature promotes reliable entries, aids in billing and project management.

Weekly Timesheet Verification

Track and record task time accurately. Ideal for client billing. Perfect for freelancers and consultants.

Effortlessly create professional invoices, track expenses, and streamline the invoicing process from creation to payment tracking.

Efficiently track and manage business expenses with neetoInvoice for recording, categorization, and analysis.

Accept client payments securely with neetoInvoice's Stripe integration.

Invite and work with as many team members as you need. Seamless collaboration on tasks, invoicing, and time tracking.

Track your business's finances with neetoInvoice. Monitor monthly client billing and outstanding amounts.

Gain insights into your business's income and expenditures and assess financial health of your business.

Maximize revenue with neetoInvoice's Unbilled Hours report for accurate invoicing and financial transparency.

Efficiently manage receivables, track overdue invoices, and prioritize collections for prompt payments.

Get project insights at a glance with Project Summary. Easily track task details and progress for efficient project management.

Effortlessly import and analyze timesheet data with CSV file upload in neetoInvoice and simplify timesheet management.

Efficiently track and analyze logged hours with neetoInvoice's timesheet reports. Gain insights with summary reports.

Automatically lock timesheets with neetoInvoice's Autolock feature for accurate time records and billing process.

Stay organized, efficiently manage tasks and ensure completion with customizable checklists.

Stay on top of timesheets and never miss a timesheet entry with email and push notifications.

Never miss a payment again with neetoInvoice's invoice reminder feature. Get weekly notifications for overdue invoices.

neetoInvoice sends a weekly timesheet report via email. Verify timesheets with a click and track verification status easily.

Manage invoices and payments effortlessly across different currencies with neetoInvoice's multi-currency support.

Simplify client management with neetoInvoice's profiles, enhancing operational efficiency and strengthening client relationships.

neetoInvoice enables effective project planning, tracking, and organization for successful outcomes.

Track time on the go with neetoInvoice Mobile App. Timer-based tracking, push notifications, and project management at your fingertips.

Simplify neetoInvoice login with Google Sign-in. Effortlessly access your account with Google credentials. Hassle-free onboarding.

Enhance neetoInvoice security with OTP verification. Get a unique OTP via email for secure login. Safeguard your account.

Secure data with SSL Encryption. Protect your information with authorized access only.

Make time tracking and invoicing simple with neetoInvoice.

Profit Loss Statement

How can I access the Profit Loss statement in neetoInvoice?

Can I customize the Profit Loss statement?

What information does the Profit Loss statement provide?

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