Today, we introduce Partial Payments, a new feature that simplifies the tracking and management of payments on invoices. It provides greater control and visibility over your accounts receivable and payable.
What is it?
Partial Payments allows you to register and monitor multiple payments against a single invoice. Instead of marking invoices as simply “paid” or “unpaid,” you now have a complete overview of every instalment, creating a clear payment history for both sales and purchase invoices.
Key features at a glance
Payment Dashboard
- View all payments for specific invoices
- Compare received amounts with invoice totals
- Access detailed payment history with transaction references
- Monitor outstanding balances across all invoices
Smart Reconciliation
- Automatic balance calculations
- Integrated with accounting to check if accounts are balanced
- Real-time payment status updates
- Currency conversion handling for international payments
For more details, please consult the Partial Payments article in our Knowledge Base or contact Qbil Trade Support for assistance.
We welcome your feedback and suggestions at support@qbilsoftware.com.