Customer master
Store customer identity and tax number for reuse across documents.
Accounts receivable & payable
Track what customers owe and what the business owes
Turn posted sales and purchase documents into controlled receivable and payable balances, then settle them through recorded payments and aging reports.
Receivables Payables Payments Aging
Accounts receivable
Know what customers still owe.
Receivables begin when a posted customer document creates an open balance and end as receipts and linked adjustments reduce that balance.
Sales invoices
Posted receivable documents create open customer balances.
Customer receipts
Record money received into a selected Accounting cash or bank account.
Aging
See how long open balances have remained outstanding.
Credit notes & returns
Use linked adjustments rather than rewriting the original posted document.
Customer balances
Review document counts and open balances by customer.
Accounts payable
Know what the business still owes suppliers.
Payables track supplier obligations from posted purchase documents through settlement.
Supplier master
Store supplier details once and reuse them in purchase documents.
Supplier bills
Posted bills create open supplier balances.
Supplier payments
Record settlement against the payable balance and selected Accounting cash or bank account.
Aging
Segment unpaid supplier documents by overdue age.
Debit notes & returns
Record purchase-side adjustments without deleting history.
Supplier balances
Review bills and outstanding balances by supplier.
Settlement cycle
Documents create balances; payments settle them.
This separation preserves the commercial document and its subsequent settlement history.
01Create contactAdd the customer or supplier once.
02Create draftPrepare invoice or bill and review details.
03Post documentCreate the formal receivable or payable effect.
04Record paymentApply money received or paid against the open document.
05Review agingUse aging and party-balance reports to follow what remains outstanding.
AR/AP reporting
Open balances become actionable collection and payment information.
The report set supports both document aging and party-level summaries.
0–30 days
Recently due or current open documents.
31–60 days
Balances that require closer follow-up.
61–90 days
Older unpaid balances with increasing collection or payment risk.
90+ days
Long-outstanding balances highlighted separately.
Customer Balances
Count receivable documents and open balance per customer.
Supplier Balances
Count payable documents and open balance per supplier.
Operational modules
Explore the wider Triplem VIP workspace beyond formal Accounting.
Loans, assets, notes and Bitcoin tools remain first-class operational modules and are not removed when Accounting ERP is introduced.
Loan management
Given, taken, repayments and settlement history.
Read guideAssets & depreciation
Acquisition, income, costs, depreciation, book value and reports.
Read guideNotes & reminders
Searchable notes and scheduled follow-ups.
Read guideBitcoin wallet tools
Watch-only, client-side wallet access, history and PDFs.
Read guide Questions
Practical questions about receivables & payables.
The answers below describe the current Triplem VIP Accounting workspace and its present boundaries.
What are accounts receivable?
Accounts receivable represent amounts customers still owe on posted receivable documents.
What are accounts payable?
Accounts payable represent amounts the business still owes suppliers on posted payable documents.
Can partial payments be recorded?
Yes. Payments can be recorded against open documents, reducing the remaining balance until it reaches zero.
Does Triplem VIP provide aging reports?
Yes. Receivables and payables aging reports group open balances into 0–30, 31–60, 61–90 and 90+ day buckets based on due dates.
Operational installment boundary
Installment Plans Sold and Accounting Receivables are related ideas, not the same ledger.
Triplem VIP keeps the operational installment schedule distinct from formal Accounts Receivable unless the user records the corresponding Accounting document and payment workflow.
Why the distinction matters
A Sold installment plan can show who is expected to pay, advances received, installment receipts and the remaining operational receivable. Accounting AR/AP remains document- and posting-driven for formal books, aging and financial statements.
Global currency support
International finance for India, Europe and users worldwide.
Triplem VIP is designed for international personal and business finance. Current supported currencies include AED, SAR, PKR, USD, EUR, INR and BTC where applicable, while regional subscription pricing can present a locally supported billing currency.
India with INR
Users in India can work with Indian Rupee (INR / ₹) across supported multi-currency finance workflows and regional subscription pricing.
Euro-region support
Users in Belgium and other countries where the euro is used can work with EUR / € in supported finance workflows and regional subscription pricing.
Need another currency?
Triplem VIP is built to serve users in any country. If your currency is not currently available, contact Triplem VIP and support can review adding it for your country.
Currency availability can expand as user demand grows. USD remains the regional default where another supported local billing currency does not apply. Tax, reporting and statutory requirements still depend on the user’s jurisdiction.