- Quotations that convert to invoices
- Customer records with full history
- Payments against cash, bank and mobile money accounts
- Credit notes and debit notes
- Receivables ageing
- Invoices post to your books automatically
From quotation to paid invoice
Build a quotation line by line with your products, services and tax. When the customer accepts, convert it to an invoice in one step. When the customer pays, record the payment against the invoice and the balance due updates straight away.
Know who owes you
Each customer has a record with contact details and every quotation, invoice and payment. The receivables ageing report shows how long each balance has been outstanding so you can follow up the oldest debts first.
Corrections done properly
Use a credit note when you need to reduce what a customer owes, for example for returned goods or an overcharge, and a debit note when you need to charge more. Invoices are voided or credited rather than deleted, so your records stay complete.
Payments the way Malawi pays
Set up payment accounts for cash, each bank account and mobile money wallets such as Airtel Money and TNM Mpamba. Payments recorded against invoices land in the right account, which makes month-end bank reconciliation much faster.
MRA EIS for invoices
Businesses that must issue fiscal invoices can use the InsightBooks MRA EIS module. Read how it works on the MRA EIS page and talk to us about availability for your business.
Frequently asked questions
Can I convert a quotation into an invoice?
Yes. An accepted quotation converts to an invoice in one step with the same lines, so nothing has to be typed again.
Can customers pay by mobile money?
Yes. You can set up mobile money payment accounts such as Airtel Money and TNM Mpamba and record invoice payments against them.
How do I correct an invoice that was already issued?
Issue a credit note to reduce the amount or a debit note to increase it. The original invoice stays on record.
Related
- Accounting Software for Malawi BusinessesDouble-entry accounting in MWK with chart of accounts, journals, trial balance, profit and loss, balance sheet, cash flow, period locks and multi-branch reporting.
- MRA EIS Electronic Invoicing IntegrationHow InsightBooks connects sales to the Malawi Revenue Authority Electronic Invoicing System (EIS): terminal activation, invoice submission, QR validation and offline signing.
- POS Software for Shops in MalawiPoint of sale for Malawian shops: fast checkout, cash and mobile money, receipts, automatic till open and close and a daily sales report emailed at 19:00.
- Hardware Store Software in MalawiQuotations for contractors, credit invoices, POS, units of measure, warehouse stock and supplier orders for hardware and building supplies businesses in Malawi.
- School Accounting and Fees Invoicing SoftwareInvoice school fees, record payments, manage expenses, payroll and supplier bills and produce financial reports for private schools and colleges in Malawi.
