Invoicing overview - Karat Help Center

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 recipients 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 recipients
• Add line items and pricing
• Set due dates and payment terms
• Include international wire details for overseas recipients
• Preview invoices before sending
• Track invoices from your dashboard
• Email invoices directly to your recipients
• CC additional email addresses on invoice emails and reminders
• Export invoices to CSV for record-keeping or accounting

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.

These metrics update automatically when you create a new invoice, mark an invoice as paid, cancel an invoice, or reopen a previously closed invoice. Use them to get a quick snapshot of your outstanding and collected payments without needing to scroll through individual invoices.
Karat is a financial technology company, not a bank. Banking services provided by Grasshopper Bank, N.A., Member FDIC. The Karat Visa® Business Credit Card is issued by Cross River Bank, Member FDIC, and pursuant to a license from Visa️ USA.