Post and Allocate Part Payments for Invoices

For invoices that are paid in installments, to make sure the values balance when a payment is allocated, the Part/Over Payment allocation option must be used.

Part payment for invoices must not be paid using a payment run. Make the payment directly from your bank account or by cheque, then post the details in IRIS Financials.

If the document has already been posted, find the document from the account it relates to or run an enquiry.

1. When posting the required payment type document, press and hold Shift and F5.
2. The payment is automatically selected and the line changed to green. If the payment is not selected, select it.

3. To select the invoice the payment must be allocated against, on the invoice document line, next to the first column, right-click the grey box.

   

4. Go to Allocation, then select Part/Over Payment.

   

5. To confirm, select OK.