Zero Friction supports the use of payment references for matching invoicing documents with incoming banking transactions (payments, refunds).
On each document a payment reference is added. This allows direct debit transactions to be automatically matched with the correct invoices. For users of manual bank transfer, it gives them the necessary information to make sure the amount paid will be matched with the correct due invoice.
During the processing of incoming CAMT banking transaction files, the system uses these payment references for the matching.
Currently, Belgian and Dutch payment references are supported.
Using invoice numbers in payment references
By default, the invoice number creation follows a pattern, namely TTYYY-####
TT = stands for type
YYYY = stands for the year
and #### = is the speficic number of that invoice.
The numbering is always ascending.
It is possible to deviate from the default settings.
When generating payment references, a part of the reference number will include the invoice number. This allows a way to manually identify an incoming payment and relate it to the corresponding invoice.
An example of a payment reference can look like this: 5100830022003369
The related invoice number looks like this: MW22-003369
As you can see the last 8 numbers of the payment reference are identical those of the invoice number.
Relevant configuration
Payment parameters