31 October 2019

Improvements to Payments

Product Update

The only thing in business more important than invoicing is making sure you get paid! That’s why we’ve been working hard on improving payment tracking in At The Yard.

Up to this point payments in At The Yard have been relatively simple. An invoice could be one of three things

• Unpaid
• Paid (unconfirmed)
• Paid Confirmed.

This was fine but it didn't offer yard owners much flexibility or the ability to store a lot of information.

We wanted to improve this whilst still keeping it quick and easy to keep track of who's paid you and who hasn't.

With this aim, at the end of last month, we released an update to payments. This moved the system from only having invoices marked as paid/not paid, to keeping track of individual payments. We can then use this payment information to calculate the paid state of an invoice whilst providing us with the extra information to do more in the future.

Straight away it’s allowed us to add the following:

1. Multiple Payment Accounts
   (e.g. Bank Account, Cash Account, Clearing Account). Each payment is assigned to an account along with the method of payment.
2. Split Payments
   If a customer pays half now and half later you can keep track (and follow up if needed).
3. Dated Payments It’s a small thing but tracking when you're paid is important (and essential under certain accounting schemes).

The update has also expanded where payment details are shown. Allowing you to have the information to hand instead of having to go find it.

Take a look below at a few screenshots showing the changes in this update:

This update also allows us to move forward with our upcoming accounting system integrations. We’re currently testing our Xero integration so if you’re a Xero user please get in touch via our contact page.

P.S. If you've stumbled across this page, have/manage your own livery yard and are not yet a customer we'd love to show you more of At The Yard. Please visit our contact page and get in touch.