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How to Interpret Invoice Stats
How to Interpret Invoice Stats

accounts receivable, invoice tracking, invoice reminder, collections, due invoices, draft invoices

Yzza avatar
Written by Yzza
Updated over a week ago

The Invoice Stats can be found in the lower left corner of your Dashboard in LessAccounting, also shown in the photo below:

To further explain, let's use the following balances and we'll break it down further:

INVOICE STATS

Unsent Draft Invoices: 1

Due Invoices Total: $2,900.00

Invoiced Past 30 Days $900.00

  1. Unsent Draft Invoices - this gives you a detail as to how many invoices have been created but not yet sent or finalized. Check back often to make sure that all invoices you have prepared have been finalized and sent to your clients/customers.

  2. Due Invoices Total - this shows the total amount of invoices which are already due for payment, or basically all your currently open invoices. In the LA Dashboard, the total shows up to be $2,900. This amount will include all of your open invoices, excluding Draft invoices.

  3. Invoiced Past 30 Days - this shows the total amount of invoices which have only recently been invoiced, with invoices sent out / finalized within the last 30 days.

This tool can best be utilized to monitor outstanding invoices to clients, to see which clients should be sent reminders, and a reminder to apply payments to invoices already paid.

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