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Matrix42 Self-Service Help Center

Managing payments for a contract


You can use payments to record financial transactions for a contract. This is an alternative to creating individual invoices for contract items within a contract.

The Payments navigation item is located under Procurement and Accounting in the Contracts application.

How to create a payment

All the important information about a payment is filled in on the General tab:

  • Status
  • Payment Type. Means of payment such as Transfer, Credit Card, etc.
  • Due Date. Day when the payment has been made or should be made.
  • Business Partner
  • Value
  • Subject
  • Contract. An agreement for which a payment is made.

All payments for a particular contract are aggregated into the Payments chart that is displayed on the Contract preview.

If a contract is deleted from the system, all related payments are deleted as well.