Deal Payments

Track payments to see how much of the sale price has arrived and how much is still outstanding.

Requirements: The Financial Summary needs Deal Financial Access. The figures Received, Outstanding and Awaiting, and the Payments tab, need Financial Records Access. The Record button needs the Record Payments & Costs permission.

Read the payment statusCopy Anchor Link

1. Open the deal.
2. On the Overview tab, read the Financial Summary.

A bar under the sale price shows the share received. The text reads a percentage followed by of the price received, or Paid in full when nothing is outstanding. All figures use the currency of the deal.

Record a paymentCopy Anchor Link

1. Open the Payments tab.
2. In the Payments card, select Record. The Record Transaction dialog opens.
3. Select Amount In for a payment from the customer.
4. In Amount, enter the amount and select the currency.
5. In Category, select Deposit for a first payment or Sale Proceeds for a payment toward the balance.
6. Optional: select More to set Date, Method, Reference, files and a Note. The methods are Cash, Bank Transfer, Card and Other.
7. Select Record.

The toast Amount in recorded confirms the entry. The row appears in the Payments card and the Received and Outstanding figures update.

Other panels on the Payments tabCopy Anchor Link

• Profit shows In, Out and Net for the money recorded against the deal.
• Awaiting lists amounts that the sale is waiting on. Add creates an entry and Apply Template adds the entries of a saved template.

NotesCopy Anchor Link

• A payment recorded here is linked to the deal and to the car of the deal.
• A payment above the sale price makes Outstanding negative. The Financial Summary shows Outstanding as zero in that case.
• The ledger and the Awaiting list are described in the Finance guides.