Remittance & Invoice Matching

Translate customer remittance information into clearer invoice allocations. This application is designed for receipts covering several invoices, helping finance staff explain discount differences and isolate amounts that cannot yet be matched.

Best suited to

Receivables teams processing customer remittance advice.

What you can manage

• Record the payment details supplied by the customer.
• Allocate a receipt across the invoices it is intended to settle.
• Identify differences attributable to an entered discount arrangement.
• Separate unmatched amounts from the allocations already explained.
• Prepare a reviewable account of the proposed receipt application.

A practical workflow

Compare the remittance advice with the open invoice list. Allocate the supported amounts, examine discounts and leave unexplained differences available for investigation before completing the customer account update.

Why this workflow matters

An unmatched amount can represent several different accounting situations. Reviewing its origin and the supporting evidence before applying an adjustment helps preserve the distinction between a timing issue, a commercial dispute and a balance requiring another treatment. The resulting explanation supports a more reliable customer account reconciliation.

Working with your records

Keep the underlying invoice or agreement available when reviewing a customer balance. Confirm the account owner, relevant dates and evidence before accepting an allocation or adjustment. The workflow concerns the business's own receivables and accounting records; it does not provide debt collection services on behalf of another creditor.

Licence

12-month software licence purchased with a one-time payment. The purchase covers the stated licence term and does not create an automatically renewing subscription.