Effortless Customer & Vendor Management for Smarter Business

Understanding Customer Vendor Key Business Relationships

What is a Customer?

A customer is an individual or commercial enterprise that purchases items or offerings from you and makes payments in return. Customers play an important function in using revenue and sustaining commercial enterprise operations.

In Sleek Bill, customers can be efficiently manage their customers or clients under Dashboard > Customers/Clients.

Key Aspects of a Customer

• A person or entity to whom you sell products or services.

• Transactions involve issuing invoices, sales orders, and managing receivables.

• Customers are categorized into Business (B2B) or Individual (B2C).

What is a Vendor?

A vendor is an individual, person or business from whom you will purchase goods or services and make payments. Vendors are essential for business supply chains, ensuring that operations run smoothly.

In Sleek Bill, vendors are manage under the Dashboard > Vendors/Suppliers.

Key Aspects of a Vendor

• A person or business from whom you getting or purchase items or services.

• Transactions involve purchase orders, bills, and managing payables.

• Vendors can be linked to customers when they serve both roles, enabling seamless transaction management.

Adding Customers & Vendors

To create sales transactions (invoices, sales orders) and purchase transactions (bills, purchase orders), adding customers and vendors is necessary.

Methods to Add Customers & Vendors

1. Manual Entry: Create new customer/vendor records through the dedicated creation page.

2.Import from Other Systems: Use a file to bulk import customers or vendors.

Steps To Create Customer In Sleek Bill

Step 1: Open browser and sleekbill.in then enter username and password in login page if account is not create then signup.

Step 2: Navigate to Dashbord > Customers and click + New

Step 3: Enter the customer’s details- Currency, GST Treatment,GSTIN, Tax Preference (Taxable/Non-Taxable), Opening Balance (if applicable), VAT, PAN, Billing & Shipping Address, Contact Persons, Custom Fields and Reporting Tags (if needed)

Step 4: Click on Save to store the customer details.

Steps to Create a Vendor In Sleek Bill

Step 1: Open browser and sleekbill.in then enter username and password in login page if account is not create then signup.

Step 2: Navigate to Dashboard > Vendors/Suppliers and click + New.

Step 3: Enter the customer’s details- Currency, GST Treatment,GSTIN, Tax Preference (Taxable/Non-Taxable), Opening Balance (if applicable), VAT, PAN, Billing & Shipping Address, Contact Persons, Custom Fields and Reporting Tags (if needed)

Step 4: Click on Save to store vendor details.

Steps To Importing Customers & Vendors in Bulk

Step 1: Open browser and sleekbill.in then enter username and password in login page if account is not create then signup.

Step 2: Go to Dashboard > Customers or Vendors.

Step 3:Click Import > Import Customers/Vendors.

Step 4: Upload a excel file and map the fields correctly.

Step 4: 4.Click Import to complete the process.

Key Data Fields in Customer/Vendor Management

Field Name	Description
GST Treatment	Select the applicable GST treatment for the customer.
Place of Supply	Specify the customer’s place of supply for taxation.
Tax Preference	Define whether the customer is taxable or non-taxable.
Currency	Set the currency for transactions with the customer.
Opening Balance	Enter any previous balance to track outstanding amounts
Credit Limit	Assign a credit limit for the customer.
Currency	Set the currency for transactions with the customer.
Payment Terms	Specify due dates for payments.
Billing & Shipping Address	Add detailed address information for the customer/vendor.
Contact Persons	List associated contacts for better communication.
Custom Fields	Assign default values for additional custom fields.

Understanding the difference between customers and vendors is most important for efficient business operations. Customers drive sales, while vendors supply necessary items or resources. Sleek Bill simplifies the management of both entities, enabling seamless transactions and financial tracking. By using manual entry or bulk import, businesses can smooth-creating their invoicing and purchasing processes efficiently.

For better financial management, ensure that your customer and vendor details are accurately recorded and updated regularly. Leverage Sleek Bill’s advanced features to optimize transactions and improve business workflow.