Apply Prior Credit to Settle Purchase Invoices via Sales Invoices

Qoyod has added a new feature called Apply Prior Credit, which lets you offset balances between linked customers and vendors (contacts with a dual role).

What’s new

• Settle purchase invoices using open sales invoices
• Balances update automatically on both documents
• The allocation appears on the invoice detail page for both parties
• The transaction is recorded in the activity report with the amount, date, and user

How to use it

1. Open an outstanding purchase invoice or locate it from the commercial documents index
2. Click Pay, then Apply Prior Credit
3. Choose from the list of eligible invoices
4. Enter the allocation amount and click Confirm

Learn more about Qoyod and invoice and collections management.