In COMMITLY, open items (future payments or expected income) can be recorded in different ways. This keeps an overview of receivables and payables at all times and creates a reliable basis for liquidity planning in the forecast.
COMMITLY mirrors your bank account.
Payment obligations (payables) are recorded as negative amounts.
Expected inflows (receivables) are recorded as positive amounts.
Besides manual entry, open items can also be imported in bulk. The "Upload" button lets you import items in CSV or XLSX format.
This is especially helpful when a larger number of items is to be processed at once, for example from an ERP system or an open items list from accounting.
Open items can therefore be created in 5 ways:
Add manually
COMMITLY Bills
Integrations with upstream systems
Semi-automatic upload
Upload of an xlsx / csv file