Billoxy · Features
DesktopBank
Menu Cash/Bank → Bank Accounts (`/definitions/bank-account`). Create bank accounts, open Transaction Details for Collection, Payment, Cash Transfer, and Other Bank Process, and optionally compare statements from the grid.
Payment (Money Out)
Payment records money leaving the bank account — Party, invoices when settling bills, Date, Payment Amount, and Description in Create Payment.
Open Payment
- 1Bank Account - Transaction Details → New Transaction → Payment
- 2Modal: Create Payment (edit: Edit Payment)
- 3Or use Payment Out list → New Payment with Cash/Bank Account choice
All Payment fields
- Receipt / Document No.
- Bank Account — typically readonly for the open ledger account
- Party (required) — supplier/contact from Party
- Invoices — bills to settle with totals and remaining balance
- Date (required)
- Payment Amount (required) + currency conversion when needed
- Description
- Payment Type when allowed: From Petty Cash (Cash) or From Bank (RTGS, NEFT, IMPS)
Product screenshot coming soon
Collection vs Payment
Collection
Money in — Received Amount — customer typically owes you less after.
Payment
Money out — Payment Amount — you owe the party less after.
Balance
Both update running Balance on Bank Account - Transaction Details.
Match Payment Amount to invoice Remaining Balance when settling in full — Process Details and document numbers keep the audit trail clear.
Frequently asked
Payment vs Stock Out?+
Payment moves money in Bank. Stock Out moves warehouse qty under Stock. They are separate ledgers.
Related features
Collection (Money In)
Collection records money received into the bank account — pick a Party, optional invoices, date, and Received Amount inside Create Collection Slip.
View featureBank Transaction History
Bank Account - Transaction Details is the ledger for one account — running Balance, document numbers, and New Transaction for Collection, Payment, Cash Transfer, and Other Bank Process.
View featureCash Transfer & Other Bank Process
Cash Transfer moves amounts between bank and cash (or related destinations). Other Bank Process posts inflow or outflow with category when it is not a simple party collection/payment.
View featureReady to try Payment (Money Out)?
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