This is the most essential article. Getting paid!
When sending out an invoice, what you want is payment. The whole reason we have something like a reminder flow is that we want to get paid. We want to receive payments.
In Likvido, payments can be actual payments (money paid) or credit notes (canceled amount). The credit note part is important to understand: Let's say we have an invoice of 5.000 DKK. If you make a credit note, Likvido creates a payment of 5.000 DKK. This payment does NOT mean the customer paid, but credit notes are also represented as payments in Likvido.
There are three important things to understand around payments:
Payment recipient
Depending on your payment methods, money in Likvido can either go through Likvidos bank account or your own. In Denmark, 'money through Likvido' is the default, in the United Kingdom 'money through own account' is the default.
On the payment page, you can always check the recipient:
If the payment recipient is Likvido, it means the funds went through Likvidos bank account. All payments that go through Likvido will always be matched by a payout (Payouts.)
If the payment recipient is Ourselves, it means that the funds did not go through Likvido but directly on your account. Payments that don't go through Likvido will not be matched with a payout.
Payment method
The payment type is the payment method used. You can find the filter and payment method here: