Remittance advice: payments that match themselves
Have customers send remittance to your payments address and each payment arrives split across the invoices it pays.
1 min readUpdated
A remittance advice lists the invoices a payment covers, and any deductions. Send it to your Payments address (on the Email in card under Documents in) and thruflow reads it into a payment already applied to those invoices, deductions included.
- 1
Share the payments address
Ask customers to send remittance there, or print it in your invoices' remittance instructions.
- 2
Check the payment
Open it from Documents in: the invoices, the amount on each, and anything paid short.
- 3
Record it
Balances and aging update, and the payment posts to QuickBooks if it's connected.
Anything paid short is held as a deduction until you accept it as a credit or the customer pays it.
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Related
- Invoicing & getting paidRecord payments, including part paymentsRecord a payment against one invoice or spread one across many, with credit notes, early-pay discounts and short payments handled.
- Invoicing & getting paidCredits, returns and deductions in disputeIssue a credit memo with its reason, apply it to open invoices, and hold short payments in dispute until they're settled.
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