An Invoice is a document issued by the business to its customer, detailing out the services and/or products sold to them. It creates an obligation for the buyer to pay. It lists the items sold, their quantities, and the amount payable for each of them.
An invoice typically provides the following details.
Details of the seller
Details of the buyer
Items sold, the corresponding quantity and unit price of each item
Taxes or discounts
Net amount payable by the buyer
Rainex automates the entire process of invoicing, starting from a new subscription sign up, when the invoice is created, to all payments made between the merchant and buyer. Email notifications can be sent out as well, informing buyers of the transaction status.
The Billing/Invoices menu item lists all the invoices that have been generated, with details of the invoice number, invoice status (Paid, Payment Due, etc.), credits applied, customer details, invoice date, invoice amount, retry attempt, etc.
Rainex API supports 8 endpoints for interacting with invoices: