Is it possible to record partial payments?
Yes, partial payments can be recorded on two separate invoices. Here's how:
- Create two invoices for the same service.
- Add a line on each invoice to subtract the amount paid by the other payer.
- Invoice for the first payer (the client, for example): Indicate the amount the client needs to pay after subtracting the amount paid by the third-party payer.
- Invoice for the second payer (a third-party payer, for example): Indicate the amount the third-party payer needs to pay after subtracting the amount paid by the client.
Example for a service that costs $100.00:
- The total invoice amount for the client will be $20.00.
- The total invoice amount for the third-party payer will be $80.00.
Related Articles
Is it possible to manage the third-party payers?
Absolutely! Visit https://admin.psylio.com/organization/institutions to customize the third-party payers you do business with. Then, when you create a record, you can indicate in the client profile whether it is associated with a third-party payer. ...
What happens to the financial records when I delete a client record?
Deleting a client record in Psylio does not impact financial records. According to the law, all financial data, including client payments, must be retained for 7 years. Therefore, even after deleting a record, client payments remain recorded in your ...
Is it possible to delete an invoice?
It is not possible to delete an invoice, regardless of its payment status. However, you can cancel an invoice without any issue. Click on Actions and then Mark as cancelled. Once this is done, the invoice will be listed in the cancelled invoices ...
Is it possible for a client to pay for a session directly via the invoice?
Unfortunately, this is not possible at the moment. However, if you have a Paypal or Stripe link, you can copy it into the Notes section at the bottom of the invoice and the client can click on this link to make the payment.
Is it possible to send a receipt to the client when an invoice is marked as paid?
Absolutely! Mark your invoice as paid, as you usually would. Check the box in the confirmation window to send the receipt to the client by email. The email addresses saved in the profiles section of the record will automatically appear. You can ...