How to pay invoices using Bulla and Gnosis Safe
What to do when our Gnosis Safe receives an invoice
Last updated
What to do when our Gnosis Safe receives an invoice
Last updated
Let's imagine a person has performed some service for the shared Gnosis wallet and they want to invoice it.
This person has a wallet address: 0xbc42...51bc
They will invoice our Gnosis Safe at 0xf68e...f6bb
The person's Bulla Banker Dashboard has a new pending receivable of 0.5 USDC
Let's open the Gnosis Safe with wallet with signatory: 0x89e03...5e6D
NOTE: Bulla Banker will default to standalone mode.
We can go to Settings and connect to a Gnosis Safe.
In the dashboard, there is a pending payable for 0.5 USDC
Let's pay this invoice. First, we must approve the pay in ERC20. Anyone in the Gnosis safe may pay the gas to approve this - no multi signature required.
We are ready to pay the invoice
Press 'Pay' and wait. The required signatories (according to the safe's policy) must confirm the transaction for it to be executed.
In Gnosis, see the following transaction:
When switching to the second owner's (signatory) wallet, the transaction can be seen needing confirmation and/or execution.
Approve the transaction.
Look at the assets in the Gnosis safe.
Go back to Bulla Banker and locate made payments.
NOTE: Due to the asynchronous nature of blockchain apps, Bulla Banker and Gnosis could lead to following:
A person could invoice a Gnosis safe. Bulla Banker users in Gnosis could EACH 'approve and Pay' the invoice. Gnosis will still require one of the parties to 'Execute' the payment. Gnosis wallet will show for both parties that the invoice has been confirmed, but one signatory must finally execute payment.
It is simplest for one signatory to pay an invoice and have others look at the gnosis dashboard to confirm and execute.