Payments reduce the balance owed on an invoice. Use payment tracking to keep invoice status, account balance, deposits, and receivables accurate.
Open Invoices to review invoice balances.
Payment workflow
A typical payment workflow is:
- Create and send the invoice.
- Client pays the balance or a partial amount.
- Record the payment or deposit.
- Review the remaining balance.
- Mark the invoice paid when the balance is collected.
Mark an invoice paid
Open the invoice and use the actions menu to mark it as paid. This updates the invoice status and helps receivables reports reflect collected revenue.
Review receivables
Use Invoice Receivables Report to review awaiting payment, past due, paid, and bad debt invoices.
Related articles
See Deposits for upfront payments and Invoice status for status management.