Magento for B2B Commerce, 2.2.x
Receiving Payments

A reimbursed balance is an offline payment that is made by a company toward the balance of their account. The store administrator enters the amount manually in the customer’s company profile, using the Reimburse BalancePayment that is made by a company toward the balance on their account. button. When the amount is submitted, the system recalculates the outstanding balance and available company credit, and records the action in the company’s credit history. The reimbursed amount is entered in the credit currency, as specified in the configuration.


Reimburse Balance
  • Column Descriptions

    Column

    Description

    Date

    The date of the transaction. Hover over the date to display the date and time.

    Operation

    The type of activity associated with the transaction. Values:

    Allocated

    Credit assigned to the company.

    Updated

    A change has been applied to one of the following fields:

    Credit limit

    Credit currency

    Allow to exceed credit limit

    Purchased

    An order has been placed.

    Reimbursed

    The outstanding balance has been reimbursed.

    Refunded

    A credit memo amount has been refunded

    Reverted

    The order was canceled and the amount returned to the credit balance.

    Amount

    The amount of the transaction associated with the following transaction types:

    Purchased

    Reimbursed

    Refunded

    Reverted

    For purchase amounts, the amount appears in the display currency of the store, and also in the format of the credit currency setting, followed by the current conversion rate, if applicable. For example:

    EUR 20,000.00 ($22,400.00)

    USD/EUR 0.8928

    Outstanding Balance

    The amount reimbursed, less the total due from all orders placed using the Payment on Account method.  The amount might appear as a positive or negative value.

    Positive value

    An advance payment is represented as a positive value.

    Negative value

    An amount due is represented as a negative value.

    Available Credit

    The sum of the Credit Limit and the Outstanding Balance. If the customer has exceeded the credit limit, the amount appears as a negative value.

    Credit Limit

    The amount of credit extended to the company.

    Updated By

    The name of the person who initiated the operation.

    Purchase Order

    The purchase order number that is associated with the transaction.

    Comment

    A compilation of the values from the Reason for  Change field, according to operation type.

    Purchased

    Includes comments from the purchase, and the order number and link to the order.

    Reimbursed

    Includes comments from the reimbursed transaction.

    Action

    For Reimbursed operations only.

    Edit

    Allows the reimbursement amount to be updated.