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Accounts receivable

Know who owes you, and for how long.

Every invoice you raise updates a running receivables ledger, by customer and by ageing — so following up on overdue payments doesn't need a separate tracker.

  • Reviewed July 2026
  • CA Anil Agarwal & the TatvaBooks team

What is accounts receivable software?

Accounts receivable software tracks what your customers owe you — invoices raised, payments received, and what remains outstanding. In TatvaBooks, every GST-correct invoice you raise updates that customer's balance automatically, and recording a payment closes it out — no separate receivables spreadsheet to reconcile against your invoices.

Chase the right invoices first

The receivables ledger groups outstanding balances by customer and by age, so you can prioritise the oldest or largest overdue amounts instead of scrolling through every invoice you've ever raised.

Frequently asked questions

What is accounts receivable software?
Accounts receivable software tracks what customers owe your business — invoices raised, payments received, and what's still outstanding — so you know exactly who owes you money and for how long.
How does TatvaBooks track receivables?
Every GST-correct invoice you raise adds to that customer's running balance. As payments come in, TatvaBooks records them against the invoice, so your receivables ledger always shows what's genuinely outstanding — by customer, and by ageing.
Can I see overdue invoices at a glance?
Yes — the receivables ledger shows outstanding balances by customer and by age (30/60/90+ days overdue), so you can follow up on the oldest or largest amounts first.
Does it handle credit and debit notes?
Yes — credit and debit notes are raised against the original invoice, and they adjust the customer's receivable balance and the GST correctly at the same time.
Is receivables tracking free?
Yes — unlimited GST-correct invoicing with receivables tracking is included on Solo (₹0, free forever) for solopreneurs, and continues on every paid plan.

Free on Solo

Know exactly who owes you what.

Every invoice updates your receivables automatically. Start free, no card.