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.

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