How To Handle Overpayments
Before you continue reading this article, make sure that you have read What are Batch Payments and How To Make Batch Payments.
Wise-Pay provides you with a flexibility of removing one or more invoices from a batch of paid invoices. This feature is helpful when you have mistakenly included an invoice in a batch and paid its outstanding amount. When an invoice is removed from a paid batch, Wise-Pay calculates the difference between the paid and allocated amount, and provides the following options to adjust the over-paid amount: Specify the Payment Amount and click Update to update the batch. To avoid any accounting errors, It is a suggested practice to make sure that the amount against Applied to Invoices and Batch Amount is same
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