Premises — property operations platform
SupportStart free
Money in: invoices and payments3 min read

Arrears on the next invoice: how balances carry forward

A tenant who owes last month and gets this month's invoice should see both on one page. The platform carries the balance forward as a line, keeps the old invoice alive underneath, and allocates whatever arrives to the oldest debt first.

By the end of this pageYou will understand how a carried-forward line works, how partial payments are allocated, and how credit flows the other way.
On this pageThe carried-forward lineAllocationCredit, the other wayStatements
What the next statement showsCalculator
total on this month's statement
₱ of the payment goes to last month's invoice first
₱ still open after the payment
Oldest debt is settled first. The statement shows one total; the ledger keeps each invoice's own status.

The carried-forward line

When a repeating invoice is raised and the client has an open balance, the new invoice gains a line: "Balance carried forward from INV-2026-0790 · ₱8,500". The old invoice stays Overdue on its own; the new one's total includes it. The tenant sees one number to pay. You can turn the carry-forward off per client if you prefer separate statements.

Allocation

A payment recorded against a client (rather than a specific invoice) is allocated oldest-first: last month's invoice is settled before this month's rent is touched. Record against a specific invoice to override. The Allocate view shows the split and lets you move it.

Credit, the other way

An overpayment or a payment on account sits as credit on the client. The next invoice shows "Credit applied · −₱1,500" and a reduced total. Credit is never refunded automatically; Refund credit records a payment out when you choose.

Statements

For a tenant with several open invoices, send a statement of account instead of chasing each: every open invoice, payments received, the balance. One PDF, same QR codes. Generated from the client's page or the chase list.

Interest and penalties are never added by the platform. If your lease provides a late fee, add it as a line with the clause in the description. Automatic penalties are the fastest way to a dispute you cannot win.

Related

Describes the platform as it is today. Something out of date? Tell us. · help 0.12.3