Adam talks you through how to handle part payments in Xero
To help you along, here is the transcript from the video, else press play:
0:01 Hi, this is Adam from Lyfe Accountants, this is just a video just to show you how to match a part payment in zeroing.
0:08 So, if we go to our bank reconciliation again. And we’ve got a receipt from city limousines here towards invoice 17 for £100.
0:23 Well, they’re in search for city limousines in here, and we’ll see here, right at the top, we’ve got invoice 17 from city limousines, which is £250.
0:32 And so they’re, made £100 part payment towards that. We’ll highlight that, as if in normal, and we’ve got the option then to split.
0:38 Hit the split button, and we’ve then could see £100 part payment’s barricaded into that £250 invoice. Hit the split, and then we can okay.
0:48 And that’s paid for that for you. That will then leave £100 has been paid, and £150 has been outstanding. Hope this helps.