How to Record an Actual Project Revenue

Project payments can be recorded in one of the two ways: by issuing the invoices or recording actual payments. 

Method #1. Recording the payment for planned project payment

Open one of the planned payments in the project and click the Add Payment button:

A window for creating a payment document opens, in which all data are already filled. If necessary, change the organization and/or the account on which the money was transferred. You will see an automatically generated transaction below, in this transaction, you can specify a name, change the amount, and also split the receipt amount into several transactions.

How to split the payment into several transactions.

Method #2. Recording the actual payment for planned payment in the Finance 

Go to the Finance application > the Money tab and click on the Payment button:

A window for creating a payment opens. Fill in the fields. Based on the completed data, a transaction will be generated, which you can link to the project or planned payment.

Linking payment to the project planned payment

Method #3. Recording the payment for the project without linking it to the planned payment

This can be done in the Money section. The transaction can be recorded for the project, without linking it to any stage.

After that, if necessary, you can link this payment to any planned project payment—to an existing one or create a new one.

Method #4. Carrying out payment on the invoice linked to the estimated revenue

When creating an estimated revenue, you can automatically create an invoice with a relation to the estimated revenue. In addition, each invoice can be later linked to the project and the required estimated revenue. When the invoice is paid, the estimated revenue to which the invoice is linked will be marked as paid.