Knowledgebase: Projetex
What are Phantom payments?
Posted by Vitaliy Hutyk (AIT) on 21 May 2020 02:52 PM

Phantom payments are payments that are not added to the "payments" list, but exist only as data in the invoice. Their primary function is to cover small discrepancies in the invoice and actual payment, such as bank fees or currency exchange deviations. That way, the invoice does not stay Outstanding forever because of a few cents lost during currency exchange.

(0 vote(s))
Helpful
Not helpful

Comments (0)
© AIT Translation Management Solutions, . Awesome Software Tools for Translators and Translation Agencies.
Privacy Policy | Data Processing Agreement