Payhawk enables companies to pay outstanding invoices directly from its web portal. In this way, the organization can keep its payments for card transactions, cash purchases, and bank transfers in a single process.
People with the right to confirm details at your company can define whether the bank transfer needs to be executed immediately after its authorization or will be scheduled for automatic payment on a specific date or the expense due date.
Paying bank transfers set for immediate payment
To execute a bank transfer from Payhawk:
Log in to the Payhawk web portal.
Go to the Expenses > Pay > Authorize tab.
Select the bank transfer you want to pay by clicking on it.
Confirm the payment on your phone to execute.
Paying scheduled bank transfers
If a bank transfer has been authorized for a scheduled payment and is under the Pay > Scheduled tab, it will be automatically executed by the system if the funds in the respective currency account are sufficient on the scheduled day.
If you still need to pay a scheduled bank transfer immediately or reschedule it, see the article on managing scheduled payments.
Partially paying expenses with bank transfers
Currently, it is not possible to partially pay a bank transfer expense and, later on, pay the remaining amount.
A possible workaround is to create a bank expense and adjust the total amount to reflect the partial payment you want to make. You can then process the payment with a note in the Note field stating Payment part 1 for example. When you later want to pay the remaining amount, you can create another bank transfer expense, attach the same invoice, adjust the amount to reflect the remaining balance, and, again, leave a note - for example, Payment part 2.
Another workaround is to split the expense into multiple line items and mark the already paid amount with a minus.