The 'Invoice' plays an crucial role in the settlement of business transactions handled between the buyers and sellers. This detailed document is created by a seller that contains all information's related to goods/services (for instance Invoice reference, the Buyer details, description of goods with both quantity and unit price, Amount to be settled along with the Invoice due date).

This instrument is used in the transactions to facilitate the payment quickly and effectively.

In RIVO, the invoice payment process is quite simple. Once the invoice is Issued by the Seller and the Buyer acknowledged it, then the invoice is available to make a payment. The buyer (with approver role) will make the payment using 'Pay' option available in the context menu. The payment process begins at this stage.

The Payment details screen contains all the relevant information's related to the invoices such as number, Invoice Amount, Issuing date and payments like Payment Reference, Payment Amount, Currency, and Payment Date.

Normally the payment amount entered should match the Invoice amount, if not the system will show a warning message. And during the payment process, the status of the invoice will be in 'Settlement - In Process'. The buyer can view/edit the payment details at this transaction stage. The relevant documents also attached in this ongoing payment.

Now the payment is confirmed by the buyer using sign and save button. The following pop up message is displayed on the screen confirming that the payment is now sent,

The status of invoice changes to 'Payment Sent' status. The buyer and seller can now review the details of the payment using 'View Payment' option available in the context menu.