Payments are a regular and integral part of any organisation’s work and it is important to record them in our system correctly. Most payments have invoices and payment entries that are essential to accurately keep track of a company’s ledger.

Sometimes, these payments need to be linked to each other, to invoices and matched and verified with bank statements. ERPNext allows for various such functions using tools such as ‘Payment Reconciliation’, which helps us link invoices and payments and ‘Bank Clearance’ which makes sure that all the clearance dates in our payments are updated.

Further, ERPNext also enables bulk payment orders, payment requests and many more features for use