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Billing Software

The most important terms in time management

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What is billing software?

You may be used to creating paper invoices to request payment or paying invoices by cheques in the mail. Online billing software does the receiving and payment work for you. It replaces the need for paper invoicing and accounting or Excel-based invoicing and accounting.

Zistemo billing software

Screenshot form Billing Software – zistemo dashboard

How does billing software work?

Once you register for online billing software, you are able to access all your data through the web. Sometimes it can be downloaded right on to your computer and you can access your data only from your device. However, more and more, it is operating “in the cloud”. This means that all data and user accounts live online, not on your desktop. Standard features of billing software include automated payments, generated invoices and a space for business accounting.

Online billing software in today’s business

Online billing software is one of the most powerful tools for small businesses today. Their robust and “smart” features means that much of the work of creating invoices, following up with payments, making payments to vendors and actually keeping the business books can be streamlined or automated.  It cuts down on the time required for following up with payments or even simple data entry. Reporting is often a big part of truly powerful business software because companies need to be able to see compare their numbers over time.

Zistemo has all these basic features but takes business accounting to the next level by providing an all-in-one solution for small businesses. Besides simple invoice generation and bookkeeping functions, zistemo makes your financial life easier by providing employee time sheets, live time tracking, project management and business reporting. This is what a fullservice online billing software suite should provide for businesses looking to grow rapidly.

B Billing software Double Entry Bookkeeping

Related words


What is bookkeeping? Bookkeeping is simply the activity of keeping financial records of money that company owes and amounts owed to a company. Bookkeeping is the way individuals, businesses and non-profit organisations record and keep their financial records in an easily understood way.

B Bookkeeping Double Entry Bookkeeping

Double Entry Bookkeeping

What is double entry bookkeeping? Double entry bookkeeping is a system of accounting where every transaction is reflected in two accounts: credit and debit. There are always two columns for transactions - one for debit entries and one for credit entries.

Billing software Bookkeeping D Double Entry Bookkeeping

Accounting System

What is an Accounting System? An accounting system is a system that is employed in a company to organize financial information. It can be either manual or computerized. The main reason why you should be using an accounting system is to keep track of expenses, income, and other activities.

A Accounting system Accounting year Balance sheet

Gross Income

What is Gross Income? As a concept, gross income is exactly what it sounds like: the total of all sources of “gain” or revenue, before any considerations of deductions like expenses or taxes.


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