Record money received

In Sage 50 Accounts, there are different ways to process money received. To help you, we've listed all the steps below.

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Recording a one-off sale

Use a bank receipt to record your money received in Sage 50 Accounts without creating a customer record.

1. Select Bank accounts.
2. Select the bank account you want to receive the money into.
3. On the tool bar, press Bank receipt.
4. Enter the required fields.
5. Select Save and Close.

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Record an invoice being paid

You need to use the Customer receipt option to record that an invoice is paid.

1. Select Bank accounts.
2. Select the bank account you want to receive the money into.
3. On the tool bar, press Customer receipt.
4. Enter the required fields.
5. Record the payment:
   • Full amount - Select the invoice, then press Pay in full
   • Part payment - Enter the value paid against the invoice in the Receipt column
   • Multiple payments - Enter the value paid for each invoice in the Receipt column
6. Select Save and Close.

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Record payments from customers in advance

If you receive a payment from a customer before you issue the invoice, you still record this as a payment on account. 

1. Select Bank accounts.
2. Select the account you want to receive the money in to.
3. On the tool bar, press Customer receipt.
4. Check and complete the information in the Bank Details and Customer Details sections.
5. In the Receipt Details section, enter the date, amount, and reference for the payment received.
6. Select Save then when prompted to post a payment on account, press Yes.
7. Select Close.

You can allocate the payment on account to future invoices for this customer. Read more >

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Record supplier refunds

If your supplier has given you a refund, record it using the Supplier refund option.

1. Select Bank accounts.
2. Select the bank account you want to receive the money in to.
3. On the tool bar, press Supplier refund.
4. Enter the required fields.
5. Press Save and Close.