To settle the invoice there are two ways:


1. Setting invoice through payment

2. Settle it through expense accounts.

Case 1: Setting invoice through payment

Go to Income > Invoices

Step 1: Click on the Invoice for which you want to settle the payment.

Step 2: Click on the Add Payment option on the top right side.

Add payment



Step 3: Select Deposit to Account from drop down, Received Date, Amount, TDS amount if applicable.

Now Select the Receipt of payment as:

1) Cash - In case the payment is received in Cash
2) Cheque - If the payment is received in Cheque enter the Cheque Number, Bank name, Cheque Date
3) Credit/Debit Card - If via cards please enter Transaction date, Card number, Transaction reference Id
4) Internet Banking - If payment is received through Online Banking, Enter Bank Name, Payment Date, Transaction ID.

paid invocie


The payment receipt will reflect in the Invoice window as shown in the above picture.

Case 2: Settling invoice through expense account:

Go to Income > Invoices

Step 1: Click on the Invoice for which you want to settle the invoice through expense account.

Step 2: Click on the settle invoice option which is at the right side of edit option just like in below picture.

settle invoice option



Step 3: Select the account with which you want to settle your invoice, and click on settle

Invoice window will be shown as in the below picture.

settled invoice


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