Fees billed now, VAT paid when you are paid
A law firm sends a payment request, waits, and collects. Slate is built for exactly that sequence: a transaction invoice now, a tax invoice when the money lands, and numbering and reporting that take care of themselves.
- 001
Fees collected late, VAT not paid early
Lawyers are among the businesses that report VAT on a cash basis, which makes this exactly the right route: a transaction invoice as the payment request, followed by a tax invoice when the money arrives. Both document types are built in, and converting between them keeps the link.
- 002
Monthly retainers without retyping
A retainer client receives the same document every month. Copying from an existing document keeps the line items and the client and only changes the date and amount, while the numbering sequence continues from the server rather than from memory.
- 003
Allocation numbers on larger matters, automatically
A fee above 5,000 shekels before VAT requires an allocation number from the Tax Authority. The request goes out in the background after issuing, so the client never waits, and when a request is rejected, three alternatives are available from the document page.
- 004
Overseas clients, a document they recognize
An invoice in English and in foreign currency, on the same numbering sequence and with the same digital signature as the Hebrew documents, alongside the shekel equivalent needed for reporting.
- 005
Corrections done properly
A fee refunded or corrected goes through a credit note referencing the original, not through editing a document already issued. The system keeps the link and never lets a credit exceed what is left on the original.
- 006
Seven years of records, in order
Every document is stored signed and unalterable, and an Open Format export is available at any moment for the accountant or an audit, and for the day you want to move to another system.