Managing payments efficiently is essential for maintaining accurate financial records. In daily business operations, two major types of incoming payments occur — Consumer Pay-Ins and Partner Pay-Ins. This guide explains what they are and how they can be recorded and verified within the system.
What is a Pay-In
A pay-in refers to any amount received by the business. This may include:
Payments collected from a consumer during a sale
Funds received from a partner or vendor for settlements, adjustments, or business-related transactions
Partner Pay-In
A partner pay-in is money received from partners or vendors. This may be related to settlements, prior adjustments, or other business transactions.
Once submitted, the partner’s ledger and consumer’s ledger is updated automatically in real time.
To verify:
Go to Finance → Accounts → Partner Accounts or Consumer Accounts
Here, all pay-in entries are displayed along with the date, amount, and payment details.
The video clearly demonstrates the complete workflow for handling both consumer and partner pay-ins—from entering payment details to verifying them in the respective accounts.