Both sides of the money
Money out.
Money in.
One ledger.
The invoices you send and the bills you pay are the same kind of record in Wrenbase. They sit on one ledger, so a payment on either side updates the same truth. There's nothing to reconcile between two systems, because there aren't two systems.
One ledger
LiveInvoice · Acme Studios
you billed
+$12,000
Bill · Pixel Forge
you owe · screened
−$3,400
Payment · Acme Studios
collected
+$12,000
Payment · Pixel Forge
paid
−$3,400
Net position
+$8,600
The usual setup
Two tools that never quite agree.
You invoice clients in one tool and pay vendors in another. At month-end, someone exports both and lines them up by hand to see what the business actually made. The two never match on the first try.
The gap between the two tools is where errors hide and hours go.
Invoicing tool
AR
Money in
Bill-pay tool
AP
Money out
AR
Invoices out
AP
Bills in
One ledger
Both sides, one source of truth
Nothing to reconcile
One ledger underneath
Both sides write to the same place.
An invoice you send and a bill you pay are entries on one ledger. Record a payment on either side and the same source of truth updates. There is no second system to reconcile against, so the two sides are always in agreement.
The incoming side is protected
Every bill checked before it reaches you.
Bringing AP onto the same ledger doesn't mean letting anything in. Each incoming bill is screened before it lands in your approval queue, so the money-out side is as controlled as the money-in side is clean.
Projects · The organizing layer
Know what each engagement actually made.
In Wrenbase, every engagement is a project.
Invoices out and bills in can both link to a project, so each engagement shows what it earned, what it cost, and the margin in between, all from the same ledger.
Riverside Brand Shoot · Overview
on trackProfit margin
60%
Outstanding
$1,000
Budget
$14.6k left
Cash timeline, next 6 weeks
Weeks 1-2 run cash-negative before Acme's payment lands in week 3. Consider nudging invoice #4.
Run both sides in one place.
Free to start. Send an invoice and receive a bill on the same ledger.
Common questions
Quick answers.
- What does 'both sides of the money' mean?
- The invoices you send and the bills you pay live in the same account, on the same ledger. Money coming in and money going out are the same kind of record in Wrenbase, so you run AR and AP from one place instead of two disconnected tools.
- Do I need a separate tool for AP and AR?
- No. That's the point. Most businesses invoice in one tool and pay bills in another, then spend time reconciling the two. Wrenbase holds both, so the two sides always agree without a monthly cleanup.
- How do incoming bills arrive?
- Your vendors submit through a branded intake link, or you push bills in from your systems. Each one is screened before it reaches your approval queue, so a bad payable never lands in your workflow.
- Is there really nothing to reconcile?
- Because both sides sit on one ledger, a payment recorded against a bill and a payment received against an invoice update the same source of truth. There are no two systems to line up at month-end.
- Can I see cash in and cash out together?
- Yes. Cash Pulse shows what's earned, what's coming, and what's owed in one view, drawn from the same ledger both sides write to.
- Does this work if I mostly do one side today?
- Yes. Plenty of businesses start by sending invoices and add vendor bills later, or the reverse. Both sides are there when you need them, on the same account.