When to use a partial payment

Use a partial payment for deposits, instalments, short-paid invoices or any payment that reduces a balance without clearing it. Select the invoice when the payment belongs to a specific invoice or claim.

Entering the part payment

1. Open the project Financials area.
2. Choose Record Payment.
3. Select the invoice if the payment relates to one invoice.
4. Enter the amount received.
5. Add the payment date, method, reference and note.
6. Save and check the remaining balance.

Balance and schedule effects

The payment history shows the amount received. The invoice paid amount increases, the balance due reduces, and the schedule stays open until the stage has been fully paid.

Reviewing part payments

Use clear notes for part payments, such as deposit received, progress part payment or short payment. This makes later reconciliation easier when the customer pays the remaining balance.