SettleWisePayoutsShared concept
CX-01Shared language

A bill is a debt; a payout is money out

"We paid the vendor" and "we owe the vendor" get mixed up.

Track

Shared concept

Phase

Shared language

Starts with

Debt and payment mixed

Ends with

Two moments, two records

Compare a bill and its payout.

Before you start

Sign in as
Accounting, validator, or owner with the Payouts add-on

Run the scenario

  1. 1AccountingSettleWise · Treasury → Payouts

    Open a PAID bill, then the payout that paid it.

    Expected evidence

    The bill shows its date and account; the payout shows the register and date the money left.

Scenario completed

Two moments, two records

Understanding
Debt equals payment→Debt, then payment

If it does not match

  • If a bill payment shows an expense account instead of Accounts Payable, it was entered as a direct payout.