Reliable receivables begin with an issued invoice and end only when confirmed payments are allocated to it.
Finalize before collection
Treat a finalized invoice as an immutable business document. Correct issued records through controlled notes or reversal workflows instead of overwriting them.
Allocate every receipt
A bank receipt is not the same as a settled invoice. Allocate confirmed money against one or more invoices and retain any unallocated balance explicitly.
Work from aging
Prioritize current, overdue and long-overdue balances using due dates and remaining allocated totals from the source documents.