Receivables vs Payables Summary
Money in vs money out, at a glance
The Financials dashboard shows your total receivables (what customers owe you) and payables (what you owe suppliers) side by side, with the unpaid invoices and purchase orders behind each figure.
What do you get out of it?
One screen answers the question that decides your week: is more money coming to you than going out of you. Receivables and payables sit side by side, and each figure opens into the bills behind it.
How does it work?
- 1
Receivables is what customers still owe
The figure sums the outstanding balance on every invoice that has not been settled — unpaid, partly paid, overdue and pending alike. Where a bill has been part paid, it counts what is left rather than the original total.
- 2
Payables is what you still owe suppliers
The other side sums the balances on your purchase orders, so money you have committed to pay is visible next to money you expect to receive rather than in a different part of the app.
- 3
Both figures move on their own
Raise a bill and receivables rises. Record a payment and it falls. Receive a delivery and payables rises. Nothing is recalculated by hand or refreshed on a schedule.
- 4
Each number opens into its bills
Behind the totals are the unpaid invoices and the unpaid purchase orders themselves, so a figure that looks wrong is one tap from the record that explains it.
What situations does it handle?
A part-paid invoice
Only the remaining balance counts towards receivables, so a ₹10,000 bill with ₹6,000 received adds ₹4,000 — not ₹10,000.
More payable than receivable
Worth catching early. Seeing both figures together is what turns that into a decision about what to pay this week rather than a surprise at the bank.
A bill you have written off
Cancel the invoice and it leaves the receivable figure, so the total reflects money you actually expect rather than money you once hoped for.
How do you get more out of it?
- Read this before payment day, not after. What you are owed and what you owe are one decision, not two.
- If receivables keeps climbing while cash does not, the problem is collection rather than sales — go to the customer balances next.
- Check it weekly on a fixed day. The direction over a month tells you more than any single reading.
Common questions
How do I see how much money my customers owe me in total?
The Financials summary totals the outstanding balance across every invoice that has not been fully settled — unpaid, partly paid, overdue and pending — and shows it beside what you owe your suppliers.
Does a partly paid invoice count in full?
No. Only the balance still outstanding counts towards receivables, so a ₹10,000 bill with ₹6,000 already received contributes ₹4,000.
Where does the payables figure come from?
From the balances on your purchase orders, so goods you have received but not yet paid for appear as money owed without waiting for the supplier's statement.
Does the summary update automatically?
Yes. Both figures are built from your live invoices and purchase orders, so raising a bill, recording a payment or receiving a delivery changes them straight away.
Included free in every plan
Receivables vs Payables Summary isn't an upgrade or paid add-on. It sits inside Wiseventory alongside GST billing, inventory, POS, GSTR-1 filing and the rest. One simple price for everything.
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