Follow these steps to track payments from a bill record:
- Click the Menu icon.
- Go to the Inventory tab.
- Select the Bills module.
- Open the bill of your choice.
- Click the Payments widget in the Summary View to see the list of all payments done and also create new ones.
- Click the Deep Dive button on the top right corner of the Summary View.
- Check the Paid and Balance fields to know the status of the payment.
These particular fields get updated in the bill record whenever a payment is completed successfully.
- Paid: When the status of a payment is set to Paid, this field gets automatically updated to the amount that has been paid.
- Grand Total: The amount that you have paid through the payment process, displayed in the Grand Total field.
- Balance: The remaining amount that you owe the supplier is displayed in this field
To know more about Payments, click here