Customer invoices and receipts

Set customer terms, currency, invoice date, tax basis and the revenue account before issuing a document. Invoice lines hold the business charge and its accounting classification. Incoming payments retain their own reference and received amount, so a receipt can be investigated without treating an invoice status as proof of collection.

If a customer sends 600 against an invoice for 1,000, the invoice remains open for the balance. The receipt keeps its own amount and reference so the bookkeeper can explain the partial payment. A second allocation cannot use money already consumed by the first, including when two staff members act at nearly the same time.

AR Clerk prepares invoices and applies verified receipts within the customer’s entity. Controller / CFO controls financial corrections and period policy. Allocation cannot exceed the available receipt or the invoice’s open balance; excess cash remains unapplied until an authorized decision identifies its destination.

Receipt allocation lines can divide one confirmed payment across several invoices for the same customer, entity and currency. Each line records its amount and retains its source receipt. An overpayment should not force an invoice into a negative outstanding balance. Preserve the excess as unapplied customer money until an authorized allocation or refund is identified. Keep the customer, entity and currency consistent; a similarly named customer in another entity is not a valid destination for the receipt.

A duplicate bank or payment-provider event must not create another receipt. A rejected or reversed payment restores the related open balance through linked accounting entries. Never treat a view filter as the customer or entity access boundary for direct API reads and exports.

Payment reversals need both a customer and accounting explanation. Restore the affected open balance through the supported correction path and retain the original payment reference. Deleting the receipt would hide why the invoice became collectible again and would make the bank reconciliation and receivable report disagree about the same event.

Open Invoices helps the AR Clerk prioritize collection and allocation. Due dates distinguish future amounts from overdue balances, while customer references make remittance advice easier to match. A receipt without a clear invoice remains available for investigation instead of being applied to whichever open amount happens to look closest.

Configure customer terms, revenue mappings, tax rates, bank sources and opening receivables together. Reconcile a fully paid invoice, a partial payment and unapplied money against both the customer balance and posted ledger. The invoice history should remain readable after a contact name changes, a default rate changes or a prior payment is reversed.

• Open Invoices — Review the work and supporting records for this module.