After open items have been added to COMMITLY , the status of these receivables and payables has to be monitored continuously.
On the one hand, the different statuses of the open items give an overview.
On the other hand, the status naturally changes when a payable has been paid or a receivable has been received.
In principle, the status of an open item in COMMITLY can be set to paid manually at any time.
If a more precise approach is wanted, COMMITLY supports this in several ways.
Under "Open Items → Matching" all new transactions are compared against the entries in the open items list for matches.
Automated logic
The following logic runs in the background during open items matching:
The status of matched open items is automatically set to "Paid" .
If the amount of the open item does not match the amount of the transaction, the status is set to "Partially paid" .
In the forecast, the open item is no longer listed as "expected"; at most only the part that has not yet been paid remains.