Payment
Money received against an invoice, by card, bank transfer, check, cash or other method. Clears the receivable.
In Solo Superstars
Card payments through the hosted link record themselves via Stripe. Record other methods from the invoice page. Each payment is a row; the invoice’s paid state is the sum of its rows.
Example
A $1,200 bank-transfer payment: debit 1010 Checking 1,200, credit 1100 Accounts Receivable 1,200.
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
- receipt
- customer payment
Related
- Invoice — Your request for payment. Sending one books revenue and a receivable; the customer pays through the hosted link.
- Partial payment — A payment for less than the invoice balance. The invoice stays open with the remaining amount due.
- Refund — Money returned to a customer. Recorded as a negative payment against the original so the invoice’s net stays right.
- Deposit — Money arriving in a bank account. One deposit may cover several customer payments, minus fees, so a deposit is not the same as a payment.
- Processor payout — A deposit from Stripe, Square or PayPal that bundles several customer payments minus fees. Matching it empties the clearing account.