Smart Automated Reconcile Payment
Reconcile old, new, and manually entered invoices automatically â Odoo 19
Automatically reconciles open customer invoices â including old, backlog, and manually created journal entries â using reference, exact amount, or invoice-combination matching. During payment entry, instantly see exactly how much the customer owes and their current balance due, no manual lookup needed.
Developed by Omar Ahmed
Professional Module Description
Smart Automated Reconcile Payment helps accounting teams reconcile customer payments with open invoices quickly, accurately, and efficiently.
The module supports both automatic and manual payment allocation. It can identify the most suitable invoices based on payment reference, exact amount, outstanding balance, or a combination of multiple invoices. Accountants can also review the suggested allocation and manually select the invoices they want to reconcile.
During payment entry, the module displays the customer's current outstanding balance, giving users a clear view of receivables before confirming the payment.
By reducing manual reconciliation work and improving payment visibility, Smart Automated Reconcile Payment helps businesses save time, minimize accounting errors, and maintain accurate customer balances.
Key Features
- Automatic matching of customer payments with open invoices.
- Manual invoice selection and payment allocation.
- Matching based on payment reference and invoice reference.
- Exact amount and multiple-invoice combination matching.
- Real-time customer outstanding balance during payment entry.
- Support for partial payments and remaining balances.
- Faster and more accurate reconciliation.
- Designed for multi-company accounting environments.
Catch Up on Historical Payments Too
Not just new payments â match what's already open
Enable Match Existing Payments and Invoices to also process customer payments, credits, and open invoices that already existed before this module was installed. When enabled, choose how those historical records are matched:
- Automatic â a scheduled action quietly works through open credits and payments in the background, applying the oldest available credit to the oldest due invoice first. A one-click Run Existing Matching Now button is also available if you don't want to wait for the next scheduled run.
- Manual Review â nothing is touched automatically. Instead, a dedicated Manual Payment Matching screen lists every customer with both open credits and open invoices, so your accounting team can review and match them customer by customer, at their own pace.
This second option only appears once Match Existing Payments and Invoices is switched on â it stays hidden the rest of the time to keep the settings screen simple.
Please log in to comment on this module