CP

Customer Payments

Sales Applied to an invoice

A customer payment is money applied to a specific invoice. Each payment lowers that invoice's balance due, so you always know how much of a bill is still outstanding. The Payments screen is the ledger of all payments received against your invoices.

Payment vs Receipt

Record a payment when you are settling a particular invoice - it updates that invoice's paid total and balance. Record a Receipt when you just need a printable voucher for cash or cheque received at the customer level. Many businesses use both: a receipt for the voucher, a payment to clear the invoice.

Recording a payment

  1. Find the invoiceOpen the invoice you are being paid for, or start a new payment and pick it.
  2. Enter the amount and methodHow much, and how it was paid.
  3. Add a reference for electronic paymentsFor card / wallet / transfer, record the transaction ID.
  4. SaveThe invoice's paid total and balance due update immediately.

Payment fields

FieldRequiredWhat to enter
Invoice pickerYesThe invoice this payment is for. The balance due is shown so you can see what is left.
Amount amountYesHow much was paid. Greater than zero. You can pay a bill in several instalments.
Method selectYesThe IRD payment method - Cash, Cheque, Creditor or Other. This value prints on the bill and feeds the VAT annexes.
Method Detail textConditionalA finer description - but only allowed when the method is "Other". For the standard methods, leave it blank.
Electronic checkboxOptionalTick for card, wallet or bank transfer. When ticked, a transaction ID is required.
Transaction ID textConditionalThe electronic reference (4 characters or more). Required when Electronic is ticked.
Reference textOptionalAny extra reference - cheque number, remark, internal note.
Payment Date (BS) BS dateOptionalThe date paid; defaults to today.
Two rules to remember

1. If you tick Electronic, you must give a Transaction ID.
2. Method Detail is only accepted when the method is Other - for cash, cheque or creditor, leave it empty.

Paid total and balance due

After each payment the system shows, for that invoice:

Total Paid
The sum of all payments recorded against the invoice so far.
Balance Due
The invoice grand total minus the total paid. When it reaches zero, the invoice is fully settled (its status can show as Paid).

These same figures drive the Receivables report, so what you record here is exactly what shows as outstanding.