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Domestic Sales · Core Feature

Payment Reconciliation

Auto-reconcile payments with many-to-many matching — receivables stay clear

Log payments the moment they land, reconcile them automatically against orders and invoices with many-to-many matching, calculate due dates from each customer's credit terms with automatic aging and overdue alerts, generate a statement of account in one click and record every payment method — keep accounts receivable healthy, transparent and under control.

N:N
Auto reconciliation
Real-time
AR dashboard
Auto
Overdue alerts
1-click
Statement

Product Interface

Payment list, reconciliation status and receivables at a glance

Domestic Sales · Collection · Hoobang ERP
Quotation
Sales Order
Shipment
Invoicing
Collection
Analytics
Collections · This Month
+ Log Payment
Collected This Month
¥M4.86
↑ 18%
Unreconciled
¥K620
↓ 9%
Overdue Amount
¥K180
↓ 12%
Avg. Credit Days
32d
↓ 4d
Payment No.CustomerAmountMethodReconciliation
PR-202605-051Ningbo XX Tech86,420Bank TransferReconciled
PR-202605-052Hangzhou YY Mfg120,000AcceptancePartial
PR-202605-053Suzhou ZZ Trading48,260Bank TransferReconciled
PR-202605-054Wenzhou AA Apparel9,800CashUnreconciled
1Many-to-many auto reconciliation
2Aging & overdue alerts
3One-click statement

Core Capabilities

End-to-end coverage of collection, from logging to statement

Payment logging

Log every payment the moment it lands, linked to the customer, receiving account and payment method; bank statements can be imported and matched, so the source of each payment is clear.

Auto reconciliation

Payments are matched and reconciled against orders and invoices by rule; the system intelligently proposes the reconciliation relationship and you confirm it in one click — goodbye to manual tick-and-tie.

Many-to-many matching

One payment clearing several invoices, or several payments merged to clear one large invoice — both are supported; reconciliation relationships can be flexibly split or combined, fully traced throughout.

Aging & overdue alerts

Due dates are calculated automatically from each customer's credit terms, with automatic alerts as invoices approach their due date or fall overdue; the AR dashboard shows outstanding and overdue amounts in real time.

Statement generation

Generate a statement of account by customer and date range in one click, covering orders, invoices, payments and the unreconciled balance — ready to export and send to the customer for reconciliation.

Multiple payment methods

Bank transfer, bank acceptance draft, cash and more are all supported; each payment is tagged with its method and receiving account, leaving no gaps in cash reconciliation and reporting.

Use Cases

Flexibly adapts to different business models

01
One payment, many invoices

When a customer pays a single lump sum against several invoices, the system reconciles it many-to-many automatically, splitting it invoice by invoice so everything stays clear and auditable.

02
Credit-term management

Different customers, different credit terms — the system calculates due dates automatically and shows the receivables distribution in real time, keeping cash flow firmly in hand.

03
Overdue collection

Overdue receivables trigger automatic alerts to the account owner; combined with a one-click statement to the customer, follow-up is evidence-based, efficient and never overlooked.

Collection Workflow

A closed loop for receivables, from logging to statement

1
Log payment

Log the payment the moment it lands → link the customer and receiving account → tag the payment method

2
Match orders & invoices

The system matches outstanding orders and invoices by rule and intelligently proposes the reconciliation relationship

3
Reconcile

Confirm the many-to-many reconciliation in one click; the receivable balance is offset automatically, fully traced throughout

4
Statement

Generate a statement of account by customer and date range in one click, including the unreconciled balance, and export it to the customer

FAQ

Questions you may have

Can a single payment be reconciled against multiple invoices?

Yes. The system supports many-to-many automatic reconciliation: one payment can clear several invoices or orders at once, and several payments can be merged to clear a single large invoice. Matches are proposed automatically by rule and can be adjusted manually, with every reconciliation relationship clearly traced.

Are overdue receivables flagged automatically?

Yes. The system calculates due dates from each customer's credit terms and automatically alerts you as invoices approach their due date or fall overdue. The accounts-receivable dashboard shows outstanding and overdue amounts per customer in real time, helping finance and sales follow up on time.

Which payment methods are supported?

Bank transfer, bank acceptance draft, cash and other payment methods are supported. Each payment can be tagged with its method and receiving account, making cash reconciliation and statistical analysis straightforward.

Can a statement of account be generated?

Yes. The system generates a statement of account by customer and date range in one click, including orders, invoices, payments and the unreconciled balance. It can be exported and sent to the customer for efficient, accurate reconciliation.

Take the First Step Toward Digital Transformation

Dedicated 1-on-1 consultant service — see Payment Reconciliation and the full domestic sales flow in action