Payments

The Payments area records money in and money out, and keeps every customer and supplier balance up to date.

Record a payment

Go to Payments to log:

• Money received from a customer (against a sales order)
• Money paid to a supplier (against a purchase order)

Each payment links to the contact and the related order.

Balances update automatically

When you record a payment:

• A customer's outstanding balance (what they owe you) goes down
• A supplier's outstanding balance (what you owe them) goes down

No manual recalculation needed — the numbers in Customers & Suppliers and the Reports always reflect the latest payments.

Reconciling

Use these reports to keep accounts straight:

• Customer statement — orders and payments per customer
• Supplier statement — orders and payments per supplier
• Payment summary — payments across the business

See Reports.

Related

• Sales Orders
• Purchase Orders