How To Register A Partial Receipt

Registering a receipt when a tenant makes the payment becomes crucial especially when the payment is made in installments.

Creating a Receipt : Follow these straightforward steps to create a Receipt:

• Access Receipts Section: Begin by navigating to Core > Accounts > Receipts.

• Initiate a New Receipt: Click on '+Create’ > ‘Receipt’ to start creating a new Receipt.

• Select the User: Tag the specific user for which you're generating the Receipt. The property details will be automatically populated based on the tenants added in the contract.

• Add details: Specify details such as Payment method, date of payment, chart of account and payment transaction number for the receipt to reflect accurate data. 

• Allocate amount - All the pending invoices against the tagged user will be showcased under ‘Allocate amount’ section, Select the invoice for which tenant has made the payment from the list. 

• Attach Relevant Documents: If there are documents related to the Receipt, they can be uploaded under the 'Documents' tab.

• Save or Save and Send: After adding all necessary details, you'll have two options:

1. 'Save': Use this option if you want to keep a record of the Receipt but do not wish to share it with the tenant.

2. 'Save and Send': Opt for this if you want to send the Receipt to the tenant for their review.

For a more comprehensive understanding of our accounts module, we recommend reviewing our article on ‘Convert a quotation to Invoice to Receipt'

Should you have any questions or require assistance, please don't hesitate to contact our support team at support@monktechlabs.com