How to use Advanced Settlement in Docyt?

Step-by-Step Instructions

1. Log into Docyt

   You can log into Docyt via the web or mobile app.

   1. Web App: https://app.docyt.com/sign_in

   2. Mobile App: Download from the App Store (iOS) or Google Play (Android)

2. Navigate to module Expense > Bill Pay > Invoice Queue

   1. Click on the Add Invoice tab on the top right corner if you want to add a new invoice

3. Access Advanced Settlement Options

   1. Select an invoice that is either Verified or in Ready to Pay status (depending on your user permissions).

   2. Click the invoice amount shown on the right-hand side.

   3. From the dropdown options, choose Mark as Paid.

   4. Then click on Advanced Settlement.

   

4. Configure Advanced Settlement Detail:

   1. A dialogue box will open for Advanced Settlement.

   2. Cross-check the Payment Date

   3. Choose the appropriate Balance Sheet Account where the expense should be moved.

   4. Cross-check the amount.

   5. Enter the memo

   6. Click Mark as Paid to complete the settlement.