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An invoice is money a customer owes you. Recording it before they pay matters, because it shows the revenue you’ve earned and the cash you’re still waiting on. “Accounts receivable” is just the accounting term for one question: who owes us money?

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Example

You invoice a customer $18,000 for a renovation milestone. They pay two weeks later. Equated records the invoice when you issue it and links the bank deposit when the money arrives.

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Two ways to do it

1

Create or import the invoice

The invoice enters Equated with the customer, amount, date, due date, and line details.
2

Confirm it

Confirming the invoice records the receivable in your books.
3

Collect payment

When the customer’s payment lands in your bank feed, link it to the invoice.
4

Close the receivable

Equated marks the invoice open, partly paid, or paid based on the linked deposits.

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Why it matters

Invoices separate real income from money you’re still owed, so month-end revenue reflects what you actually earned.