The wedding is paid: the bank and cash accounts, a $2,000 transfer linked from the order to the invoice, a $500 security deposit collected, the rest recorded, and the deposit refunded.
Record payments and collections
Record what a client pays, link it to the invoice, and handle a security deposit.
What you will learn
- Bank and cash accountsEach payment goes into one of your treasury accounts.
- Link a paymentA payment taken on the order can be assigned to its invoice later.
- The security depositCollect the deposit before the job and refund it when the equipment is back.
Related articles
- Create a bank or cash accountAdd the bank and cash accounts your money moves through, transfer between them, and archive the ones you no longer use.
- Record a payment or collectionRecord money that comes in or goes out in a treasury account, then edit or delete it. Assign it to a document to count it as paid.
- Assign a payment to an invoice or supplier invoiceUse the document's Payments card to record a payment on it, link one you already recorded, or split one payment across several invoices.
- Take a payment on an order before invoicingA payment taken on an order counts as collected on the job and moves to the invoice when you invoice the order, without counting twice.
- Collect and refund a security depositRecord a deposit as a Deposit payment, which doesn't count as collected, then refund it in full or convert it into a regular payment.