Introduction

Unlock the power of streamlined transactions with AgriChain's advanced invoice payment system. This guide illuminates the process of adding payments, nuances for both payers and payees, and the seamless confirmation workflow to elevate your financial interactions.

Adding Payments to Invoices

• Seamlessly add payments as both payer and payee.
• Payments are exclusively accepted post-invoice acceptance. Adding payments after the 'OverPaid' status is off-limits.
• Multiple payments can be effortlessly added to a single invoice.
• Enjoy the flexibility to add payments equal to, more than, or less than the balance amount payable.

Payments Added by Payee

• Witness automatic confirmation when payees add payments.
• Experience the swift update of the invoice status post-payee payment addition.

Payments Added by Payer

• Payer-added payments necessitate a nod from the payee.
• Dive into a user-friendly 'Invoice Payments' tab to review, accept, or reject payments.
• In the case of rejection, the system gracefully disregards the payment.
• If the payer remains inactive for 48 hours post-payment addition, automatic confirmation kicks in.

Frequently Asked Questions

Can payments be added before invoice acceptance?

No, payments can only be added once the invoice has been accepted, ensuring a secure and verified transaction.

Is there a limit to the number of payments per invoice?
No restrictions here- feel free to add multiple payments to a single invoice for enhanced transaction management.

What happens when a payment is added by the payee?
Automatic confirmation and instant update of the invoice status- it's that smooth.

How does the payer's confirmation process work?
Payers review payments in a dedicated tab, providing a seamless acceptance or rejection process. Inactivity for 48 hours triggers auto-confirmation.

Can a payer add a payment less than the balance amount payable?
Absolutely. Payers enjoy the freedom to add payments equal to, more than, or less than the balance amount payable on the invoice.