Receivables

This FAQ will go over receivables in Paradigm.

Information on customer prepayments can be found here: Customer Prepayments

Creating Receivables

Receive Payment

A receivable will be created when the “Receive Payment” button is used on an invoice and payment is received.

Manually Creating Receivables

A receivable can be manually created by going to Accounts Receivable > Receivables

Invoices, credit memos, and prepayments will be shown in the list – this shows a breakdown of the full customer balance. Prepayments linked to orders still show here and should not be used.

• Double clicking on the Payment column field will bring in the entire amount due for that line.
• Double clicking on the Discount column field will bring in the terms discount.

If the selected customer has any unposted invoices or prepayments, the banner will contain the warning: “This customer has unposted invoices/prepayments”.

Overpayments

An overpayment is created when the receivable is more than the amount due. More information on overpayments can be found here: Overpayments

Order Payments

To create order payments from the receivable, click Add Order Payments.

Then select the orders to apply the payments to.

Converting A Prepayment To A Receivable

Customer prepayments can be converted to a receivable by using the Convert To Receivable button on the prepayment.

Viewing Related Transactions 

The related transactions from a receivable can be found in these ways from the receivables list:

1. Right-Click Menu
   • Right-Clicking a receivable from the receivables list and selecting View Transactions will open the related transaction.

2. Header Button
   • In a specific receivable, the header contains a View Transactions button which will also open the related transaction