Can you part reconcile in xero?

[redsloe]

I have invoiced someone and I have agreed to take payment over three months. That's fine but is there any way I can part reconcile the payment I have until I can match all payments at the end?

 

[Adeptandy]

There is s split payment option in the reconcile section ( if the memory is working this morning)

 

[Pheasant Surprise]

I have invoiced someone and I have agreed to take payment over three months. That's fine but is there any way I can part reconcile the payment I have until I can match all payments at the end?

Sure. Just make the payment due date the date when you expect to receive the last payment - so Xero doesn’t flag it as overdue. Then as the interim payments come in just match up/reconcile each of them against the invoice. Xero will keep a running tab of the outstanding amount.

 

[Boysground]

Sure. Just make the payment due date the date when you expect to receive the last payment - so Xero doesn’t flag it as overdue. Then as the interim payments come in just match up/reconcile each of them against the invoice. Xero will keep a running tab of the outstanding amount.

I often end up doing this with delayed payment schemes, my brother has a habit of arranging these with semen companies.

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