How does Storesync’s credit system work, and how can I manage invoices effectively?

Storesync’s credit system and payment processing features are designed to simplify invoice management and ensure accurate allocation of payments.

Below, we provide an overview of the credit system, recommended payment methods, and guidelines for managing invoices, including handling multiple units on a single invoice.

Storesync uses a credit system to streamline the allocation of payments to outstanding invoices.

This system ensures that funds are automatically applied to unpaid invoices, reducing manual effort and minimising errors.

Additionally, the credit system helps manage overpayments by holding excess funds as account credit, which can be applied to future invoices.

To ensure payments are allocated correctly, it is recommended to use Storesync’s built-in payment methods.

These methods automate the allocation process, applying payments directly to any outstanding invoices.

If you need to combine multiple units on a single invoice, the general approach is to add the second unit to the existing agreement.

However, this process can involve additional steps, such as:

These steps may vary depending on the paid-through dates and the timing of the new unit addition.

For scenarios involving multiple units or adjustments to existing agreements, it is important to carefully review the timing and payment details. If you encounter challenges, consider reaching out to Storesync support for assistance in managing these complexities.

By understanding and utilizing Storesync’s credit system and following the recommended practices for payment processing and invoice management, you can ensure a smooth and efficient experience.