Payments
A payment reflects a financial transaction — either a transfer of funds between bank accounts or a cash transaction.
Reconciliations (used to close outstanding balances without actual fund movement) are also recorded in the system as virtual payments (not linked to any account).
If accruals (invoices, rewards, obligations) represent financial claims, then payments represent the actual fulfillment of those claims.
Basic Payment Logic
A regular payment is always linked to a specific Bank Account. Unlike accruals, the Direction of the payment is not fixed by type — it is defined by the payment amount sign:
Negative amount (–) means an Outgoing payment;
Positive amount (+) means an Incoming payment.
This affects how the system calculates various statistics, such as bank account balances and more.
Payment amounts used to cover accruals are allocated to them, reducing their outstanding balance.
One payment can be split and linked to multiple accruals.
Likewise, one accrual can be paid using multiple payments.
When linking a payment to an accrual, the system tracks:
The amount deducted from the payment.
The amount applied to the accrual.
→ If both are in the same currency, these values are identical.
→ If currencies differ, the values can be entered separately.