Easily check whether invoices have been paid correctly

Automatic consolidation by Easybox making a a young entrepreneur happy

Consolidation of invoices: efficiently follow up outgoing and incoming payments or bank transactions

Automatic consolidation by Easybox making a a young entrepreneur happy

Consolidation ?

Tracking invoices and payments is an important but often difficult task. A clear overview of the payment status of all invoices is indispensable. In fact, you want a simple answer to the following questions:

  • Which sales invoices are still outstanding?
  • Which purchase invoices still need to be paid?

To answer these questions correctly, you must therefore “consolidate” or reconcile (in accounting terms) your invoices.
Consolidation means linking the amount, time and method of a payment to one specific invoice. This can be done for either a sales or purchase invoice. Thus, by scoring off invoices, you map out which invoices have already been paid or not.

In this context, Easybox offers a number of useful features.

Fully automatic consolidation in Easybox

Do you have a linked bank account ?
Easybox tracks all bank transactions automatically!
For all payments and transactions carried out with a structured message(OGM), the consolidation is fully automatic. You save hours of work and always have a correct insight.

Payment status and term immediately visible

Payment status and term visual

In the invoice lists, you can immediately see which invoices have or have not been paid. Remaining payment terms are also clearly visualized
We distinguish the following payment statuses:

  • Unpaid
  • Credited
  • Partially paid
  • Paid
  • Overpaid

Manual consolidation

Easybox also gives you the ability to manually discount payments in the following ways:

  • Cash
  • Bank transfer
  • Credit card
  • Debit card
  • Cheque
  • Other

If you choose bank transfer, the system will automatically look up the bank transactions of the linked bank accounts. In the transaction overview, you then simply select the bank transaction related to the invoice you want to debit.

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