How to Record a Partial Customer Payment and Track the Remaining Balance

To record a partial customer payment, open the outstanding invoice, enter the amount received, payment method, and collection date, then create a receipt and allocate it to the correct invoice. The payment reduces the customer's outstanding balance while the invoice remains partially paid.

The accounting entry debits cash or bank and credits accounts receivable. For example, a 5,000 invoice with a 2,000 payment leaves 3,000 outstanding. Try Cash Cloud for free to explore invoicing, receipts, and customer account management tools.