Fintra Feature

Invoices That Post, Collect, and Reconcile

Generate an invoice from an accepted quote, take payment by ACH, and watch it close the receivable - all on the ledger that runs your books.

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Fintra · Accounts Receivable
OPEN AR
$142K
38 invoices
OVERDUE
$41K
11 invoices
DSO
46 days
trailing 90d
INV-2048 - paid by ACH, reconciled$12,400
INV-2051 - sent, due in 6 days$8,900
INV-2039 - 34 days overdue$6,200
INV-2052 - from accepted quote Q-0152$41,200

Illustrative product view

What invoicing in Fintra does

An invoice is only useful when it becomes cash. Standalone invoicing apps make a nice PDF but leave you to re-key the total into accounting, chase the payment, and reconcile the deposit by hand. Fintra invoices post to the general ledger, collect by ACH through Increase, and reconcile the payment against the receivable - so billing, AR, and cash are one flow.

  • Invoices generated from accepted quotes with totals that tie to the penny
  • Posts straight to AR on the same ledger that runs your accounting
  • ACH collection through Increase, the bank-grade originator Ramp itself uses
  • Payments reconcile against the receivable and update DSO and aging

Core capabilities

CapabilityWhat it does
Quote-to-invoiceConvert an accepted quote to a draft invoice, cents-accurate
Post to ledgerInvoice hits AR on your general ledger - no re-keying
ACH collectionOriginate ACH debits/credits via the Increase API
ReconciliationPayment closes the receivable and updates the balance
Aging & DSOAR aging buckets and DSO available in the report builder
What Fintra invoicing covers

Real ACH collection, not a black box

Fintra collects by ACH through Increase, a bank-grade ACH originator, using an idempotency key so a retried request never double-charges. Transfer status flows back and normalizes to a clear vocabulary - pending, submitted, completed, returned, failed - so you always know where the money is.

Tax and audit built in

  • Line-level sales tax from the same fail-closed engine used across billing
  • Exempt customers carry a machine-readable exemption reason on the invoice
  • Every invoice, send, and payment is logged for the audit trail
  • AR aging and DSO update as payments reconcile - no separate report to rebuild

Frequently asked questions

Does Fintra invoicing connect to my accounting?

It is your accounting. Fintra invoices post directly to accounts receivable on the same general ledger that runs your books, so there is no export, import, or re-keying between an invoicing app and an accounting app - the invoice and the receivable are one record.

How do customers pay a Fintra invoice?

Fintra collects by ACH through Increase, a bank-grade ACH originator. Payments are originated with an idempotency key so retries never double-charge, and the transfer status normalizes to pending, submitted, completed, returned, or failed so you can see exactly where each payment is.

Does the invoice calculate sales tax?

Yes. Invoices use the same fail-closed sales-tax engine as the rest of the platform - tax is applied per line, exempt customers carry a documented exemption reason, and unknown jurisdictions are flagged rather than guessed. The tax on the invoice matches the tax on the originating quote.

How does invoicing affect DSO and AR aging?

As invoices post and payments reconcile, Fintra updates accounts receivable, the aging buckets (current, 1–30, 31–60, 61–90, 90+), and DSO automatically. You see the receivables picture in the report builder without rebuilding a spreadsheet each month.

Stay in the loop

One practical finance briefing a week - new guides, checklists, and benchmarks.

 

Bill it, collect it, reconcile it

Start free, no card required. Send an invoice and collect by ACH on your own ledger.

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