Invoice Collections Report

The Invoice Collections report provides insights into invoices and payments that can be useful to reconcile invoices.

A finance department employee can use the Invoice Collections report to view the invoice and payment details that are needed to reconcile invoices with total payments.

The Invoice Collections report provides visibility into the total invoiced amount and total payments for each invoice type. For each payment that pertains to a specific invoice type, the payment type and the amount that is collected for the corresponding payment type are displayed in the report.

The following image shows a sample of the Invoice Collections report.

Figure 1. Sample Invoice Collections report
A sample Invoice Collections report that has a table with an invoice date, type, number of invoices, total invoiced, totals collected, payment type, and payment amount, and a summary.
Note:
  • The sample reports provided are designed to run with low data volumes.
  • The sample reports are designed to run for a 7-day period or lesser but not beyond 7 days