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How to settle or write off invoice payments?

Written by Support Team

To settle the invoice there are two ways:


1. Settling invoice through payment

2. Settle it through expense accounts.
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​Case 1: Settling invoice through payment

Go to Income > Invoices
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​Step 1: Click on the Invoice for which you want to settle the payment.
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​Step 2: Click on the Add Payment option on the top right side.
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​Step 3: Select Deposit to Account from drop down, Received Date, Amount, TDS amount if applicable.
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Now Select the Receipt of payment as:
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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.
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paid invocie


The payment receipt will reflect in the Invoice window as shown in the above picture.
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​Case 2: Settling invoice through expense account:
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Go to Income > Invoices
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​Step 1: Click on the Invoice for which you want to settle the invoice through expense account.
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​Step 2: Select settle invoice option from action button (see the below picture)

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