Record a payment and apply credit

For firms that bill in BMS

This applies when your firm raises its invoices in BMS. A firm whose money lives in MYOB AE raises its bills in MYOB AE; see How billing works when MYOB AE holds the money.

1. Open the invoice and choose Record Manual Payment from the … menu.

2. Enter the Amount, Payment Date and Payment Method (such as Bank Transfer, Cash, Check or Direct Debit), and save.

The payment appears on the invoice’s Payments tab, and the invoice moves to Paid once nothing is due.

The Payments tab.

• To undo a payment, use the … on its line and choose Reverse.
• To use a client’s credit, such as an unused credit note, choose Credit and pick the invoice it applies to.

Payments from a bank statement can be matched in one go with Bank Matching.