Business Finance
Track dues, borrowings, and settlements
Business Finance tracks money expected from customers (receivables), money owed to others (payables), and borrowing or credit balances. Add a due date and party when recording these items so the workspace can show follow-up and overdue information.
Record a settlement
- Find the receivable, payable, or borrowing entry in Recent transactions.
- Open its settlement action and enter the amount, date, and relevant account.
- Save and confirm the remaining balance and linked settlement history.
Partial settlements are supported; repeat the action as money moves until the outstanding balance is cleared. Recording a planned due does not change cash balances until a settlement is recorded.
Due-soon and overdue reminders may appear in Business Finance and through configured workspace email. An undelivered reminder does not change the underlying finance entry. Use the date-range reports to review ageing and outstanding amounts, and verify external payments against source evidence before relying on the cashbook.