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How is the Net Balance calculated?

Understand how Kolleno calculates the net balance.

Kolleno Support avatar
Written by Kolleno Support
Updated over 6 months ago

The balance you see on the Dashboard and the balance in the Customer Hub is calculated such as:

Invoices Due Balance

+ Invoices Overdue Balance

- Credit Notes Amount Unapplied

- Prepayments Amount

- Overpayments Amount

+ Journal Entries Balance

= TOTAL NET BALANCE

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