How do I split an Invoice into Multiple Payments?
Choose this option to divide a single invoice into several payments. Splitting an invoice into multiple payments involves breaking the total amount specified in the invoice into smaller instalments. Instead of paying the entire invoice amount in one go, the payer has the option to split it into more manageable payments over a specific period.
Steps to split the invoice into multiple payments:
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Access the Invoice Queue in Docyt's Expense Management module:
Log in to your Doxyt account, follow these steps:
a. Click to choose Tab Expense from the Top header modules
b. From the dropdown menu, choose 'Bill Pay' > 'Invoice Queue'.
c. You will find all your invoices in one place.
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Splitting an Invoice:
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Locate the invoice in the invoice queue. Click on the amount box of the invoice and select 'Split Invoice'.
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Select 'Split Invoice to Multiple Payments'
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You will be directed to the 'Split Invoice to Multiple Payments' window.
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Fill in the following details:
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Payment Due Date of Invoice
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Dollar Amount.
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Click on the 'Add row' option if further splits are required.
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The Invoice Total, Settlement Amount, and Difference fields are essential for ensuring that the invoice splitting is accurate. To proceed, click on the 'Save and Continue' button.
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A pop-up window confirming the split shows up.
- After a few seconds, refresh the invoice queue. Upon reloading, you will see that the invoice has been split into multiple invoices with different payment due dates based on your entry.