Cash allocations in Commusoft allows users to manage and assign received payments to specific invoices efficiently. This ensures accurate financial records by linking cash entries directly to outstanding invoices. By using this feature, businesses can track payments, reduce discrepancies, and maintain clear visibility of their financial transactions within Commusoft.
View Cash allocations
➡️ Go to customer's record > Quick links > Click Cash allocations
How to manage the cash allocations for a customer
If you need to set up a cash allocation for a customer, first, locate the customer (using the search bar), and open their profile.
Navigate to customer's dashboard > Quick links > Cash allocation
Once you're on the next page, enter all the required information (the sections marked with an asterisk are mandatory) and click 'Add cash allocation' in the bottom right once the form is completed.
If you want to pay multiple invoices at once, you can select another invoice in the next row of the spreadsheet. You can only use one payment method per allocation.
If the customer is paying for part of an invoice balance, you can allocate the exact amount they're paying. Enter the amount into the 'Amount to allocate column'.