Taxwise lets admins and agents record payments against invoices, and lets clients send payment proof from their portal. Agent payments and client proofs wait in an approval queue and post to the right accounting head once confirmed, and FIFO allocation applies each receipt across the client’s outstanding invoices.
The challenges
- Payments received by bank transfer or cash with nobody sure which invoice they cover.
- Clients sending proof screenshots over WhatsApp that get lost.
- Receipts that never reach the books.
- No clear view of who still owes what.
Example workflow
- The client uploads proof of payment from their portal, or an admin or agent records it.
- The payment waits for approval and is routed to the right accounting head; an admin’s own payment is approved at once.
- Once approved, FIFO allocation applies it to the oldest outstanding invoices first.
- A receipt voucher posts to the ledger and balances update everywhere.
How Taxwise helps
Collect from anyone
Admins and agents record payments, and clients send proof of what they paid.
Approval workflow
Agent payments and client proofs are checked and routed to the right accounting head.
FIFO allocation
Receipts are applied across outstanding invoices, oldest first.
Posts to accounting
Approved payments create receipt vouchers in the double-entry ledger.
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