The amount spreads by itself
The invoice you pick closes first; the rest goes to the oldest open invoices.
Collections and payments
Record the payments you receive and make. You choose which invoice they count toward; if you do not, the amount is applied starting with the oldest open invoice.
Try free for 15 days
Who it is for: For businesses that collect in parts and have several invoices open at once.
The surplus is not lost
If no open invoice remains, the amount stays as the customer’s advance and is deducted from the next invoice automatically.
Undo a mistake
You can remove a collection’s link to an invoice. The collection is not deleted and the invoice opens again.
What is in this module?
Collections and payments
Money received from customers and paid to suppliers is kept with separate number series.
Payment methods
Cash, transfer, card and other; with a reference or receipt number. Cheques and promissory notes are tracked by due date in a separate section.
Applying to invoices
Starts with the invoice you pick, and the remainder goes to the oldest open invoices.
Advance
An amount not linked to an invoice stays as the customer’s credit and shows with a badge in the list.
Removing the link
The link to the invoice is removed without deleting the collection, and the invoice balance rises again.
Cash and bank account
Every record lands in the movements of the account you choose.
Reflected in the balance
Customer and supplier balances update the moment you record.
Guides on this topic
Frequently asked
Which account does a collection go to?
You choose a cash or bank account when recording, and that account’s balance changes accordingly. You need to define at least one account first.
Which payment methods can I choose?
Cash, transfer, card or other. You can also type a receipt number. Cheques and promissory notes are recorded in the Cheques and notes section so their due dates can be tracked.
Try it free for 15 days
No card required. Then $5 a month.