What is Karat Invoicing?
Karat Invoicing allows you to create, send, and track invoices directly from your dashboard. Payments are routed to your Karat Banking checking account using automatically populated ACH and domestic wire details. You can also include international wire details on invoices for customers who need to pay via international wire transfer. You can find Invoicing under: Banking > Invoices With Karat Invoicing, you can:- Create and send invoices
- Manage customers
- Add line items and pricing
- Set due dates and payment terms
- Include international wire details for overseas customers
- Preview invoices in real time as you fill out the form
- Choose which Karat Banking account receives the payment
- Automatically redirect incoming funds to other recipients as payouts when an invoice is paid
- Track invoices from your dashboard
- Email invoices directly to your customers
- CC additional email addresses on invoice emails and reminders
- Export invoices to CSV for record-keeping or accounting
- Generate Stripe payment links so recipients can pay online
Invoice metrics
At the top of the Invoices page, you’ll see a summary of your invoicing activity broken down into three categories:- Total open: the total dollar amount and number of invoices that are currently awaiting payment.
- Overdue: the total dollar amount and number of invoices that are past their due date.
- Paid: the total dollar amount and number of invoices that have been paid. This includes invoices marked as Paid via Stripe when a recipient completes payment through a Stripe payment link.