How To Allocate Multiple Payments On Xero To One Invoice?.
By Robyn Jones
There are two ways to pay off an invoice in Xero using multiple payments.
The first way is to do it directly through the bank if the payments have come from a bank account.
The second way is to pay it directly to the invoice. This method can be used if payments did not come from a bank account.
The first method of paying off invoices using multiple payments is directly from the bank.
As usual, you would select the ‘find and match’ tab on your payment in the bank.
Once you have searched and selected the invoice you would like to pay, the word ‘split’ will appear before the amount. Here, a new tab will appear for you to enter the amount that you would like to pay off the invoice.
When you have made a payment against the invoice, you will have the outstanding amount left on your ledger that is still to be paid.
The second way you can pay (or part-pay) an invoice in Xero using multiple payments, is using the payment box at the bottom of the invoice.
All you’ll need to do is enter the amount, date, payment method, and reference as shown below:
For more help using Xero, don’t forget that you can contact Northern Accountants for all of your Xero software needs. Such as training, technical support, or even business and accountancy advice, we’re here for you.
Robyn Jones is a Cloud Accountancy Specialist at Northern Accountants. Her role is to maximise our clients’ experience by utilising her technical accounting knowledge and being able to advise on the best practice to enhance business growth and stability.
Northern Accountants (Leeds), Olympus House, 2 Howley Park Business Village, Pullan Way, Leeds, LS27 0BZ