Overview
PAYMENT ALLOCATION STATUS
Know exactly how payments are allocated — instantly.
In many organisations, payments are created before invoices or large payments are allocated across multiple invoices.
But Odoo does not clearly show the allocation state of payments.
Finance teams constantly ask:
- Is this payment already used?
- Is it partially allocated?
- Can I reuse the remaining amount?
- Which payments are still unassigned?
The Payment Allocation Status module eliminates this confusion by giving real-time visibility of how every payment is allocated.
No more manual checking. No more reconciliation confusion.
How Organisations Use This Module
Finance Teams
Finance teams use this module to track how customer payments are allocated against invoices, ensuring accurate reconciliation and reducing manual errors.
Daily Transaction Monitoring
Accountants review payment statuses (Draft/Posted) and allocation status regularly to ensure all transactions are properly recorded and matched.
Multiple Invoice Allocation
A single payment is used to settle multiple invoices. Accountants can instantly see whether the payment is fully consumed or still has remaining balance.
Reconciliation Visibility
Instead of opening invoices and checking residual amounts manually, the finance team can see allocation status directly from the Payments screen.
Key Features
Centralized Payment View
Displays all customer payments in one place, making it easy to track and manage transactions without switching between multiple screens.
Allocation Status Tracking
Clearly shows whether payments are fully, partially or not allocated, helping users quickly understand payment usage.
Real-Time Updates
Reflects payment and allocation changes instantly, ensuring users always have up to date financial information.
Error Reduction
Minimizes reconciliation mistakes by providing clear visibility into payment matching and outstanding balances.
User-Friendly Interface
Simple and structured layout allows users to easily filter, search and analyze payment records.
Improved Financial Control
Helps organizations maintain accurate records, streamline reconciliation processes and enhance overall financial management.
Module Screenshots & Explanations
Customer Payment Creation
This screen shows the creation of a customer payment with all required details such as customer name, amount and payment method. The payment is recorded for full allocation.
Fully Paid in List View
The payment amount has been completely consumed across one or more invoices. No remaining balance is available.
Customer Payment Creation
This screen shows the creation of a customer payment where only part of the amount will be allocated to an invoice.
Partially Paid in List View
The payment has been used to pay one or more invoices, but some amount is still remaining and available.
Customer Payment Creation
This screen shows the creation of a customer payment that has not yet been allocated to any invoice.
Not Allocated in List View
The payment exists and is validated, but it has not been used to pay any invoice yet.
Free Support
You will get 90 Days free support in case any bugs or issue (Except data recovery).
If any other custom modules are installed and because of that module some issue occurs then we charge extra.
Srikesh Infotech is an India based software company that focuses on highly qualitative, timely delivered and cost-effective offshore software development. We have 18+ years of technical and functional experience in ERP Customization and Implementation. The experience made us understand all the logics followed in business both functionally and technically.
Please note that You're not allowed to distribute this module after purchase! Incase of any question regarding this module feel free to email us on
info@srikeshinfotech.com
or contact us on WhatsApp +91 75388 24350 or raise a ticket on support.
