How to Record an Invoice Payment

What this does

Recording a payment closes the open balance on an invoice and posts a debit to your bank account and a credit to accounts receivable in the general ledger.

When to use it

Use this when a customer pays an invoice — whether by bank transfer, card, or cheque.

Step by step

1. Go to Invoices in the top menu
2. Find the invoice and click it to open
3. Click Record Payment in the top right
4. Enter the Payment Date and Amount Received
5. Select the Bank Account the payment arrived in
6. Click Save