[Feature] Finance | Add Payment directly in Prism
Release Date: 22 October 2020
This release applies only to Prism Finance subscribers who do not use Xero or MYOB, integrated with Prism Finance. It enables owner payments to be recorded against the relevant owner account, directly within Prism.
If you are not a Xero subscriber and need to enable this feature, please email
support@prism.horse and we can enable the feature in your Prism portal.
Add Owner Payment
1. Navigate to the Owner's Profile and then the Account tab.
2. Click the Add Payment button to open the Add Payment pop-up window.
3. Enter payment date, amount and description. Click the + button to record payments received from this owner. Watch out for warnings, should the payment you are trying to record be greater than the owner's payment amount outstanding.
4. Then click the Save button to complete.
Delete Owner Payment
1. In the event that you have made and error, you can click the trash icon to delete this payment and click the OK button on the warning popup.
Review Statement Status
1. Click the Statement tab and observe the statement status. After adding/deleting payment successfully, the corresponding statement status is changed.
Please note that this is the first release of this Add Payment feature within Prism Finance. In mid 2021 we will enable the recording of Owner Payments directly within the Finance Dashboard and a search function to enable you to search for Invoice/Statement IDs in order to match owner payments received with the correct owner.
If you already use Xero or MYOB, integrated with Prism Finance, all owner payment reconciliations should occur in those acocunting solutions and
not in Prism. So this feature should be disregarded.
But if you do not use Xero or MYOB, a reminder to email
support@prism.horse to enable this new feature in your Prism Finance account.
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