Partial payment
A payment for less than the invoice balance. The invoice stays open with the remaining amount due.
In Solo Superstars
Record any amount; the invoice shows paid-to-date and balance due, and stays "sent" until the balance is zero.
Example
$500 received on a $1,200 invoice: balance due 700; receivable drops to 700.
Codes shown are the defaults a new workspace starts with. Yours may be renamed or renumbered — check Accounting › Chart of accounts. See the full default chart.
Also called
- installment
Related
- Payment — Money received against an invoice, by card, bank transfer, check, cash or other method. Clears the receivable.
- Invoice status — Where an invoice is in its life: draft, sent, paid, or cancelled. Overdue is not a status — it is a sent invoice past its due date.
- Overpayment — A payment larger than what the invoice owed. The excess is money you hold for the customer, not revenue.