Bulk Payment Import

You can upload payments in bulk to automatically mark multiple invoices as paid. This feature is designed for scenarios where payments are received outside Loopit — such as bank transfers from business customers or external accounting systems — and need to be reconciled efficiently.


When to Use Bulk Payment Importing

This tool is useful when:

  • Payments are collected off-platform (e.g., bank account deposits, POS system, external billing tool).

  • You receive one consolidated payment covering multiple invoices.

  • You want to update invoice records in Loopit without processing each payment manually.

Instead of individually allocating each payment, Loopit will automatically match imported data to outstanding invoices.


Where to Find the Import Tool

  1. Navigate to Finance Reports

  2. Select Payments

  3. Click the Import button

You can upload either a CSV or Excel file containing invoice and payment information.


Required File Format

You can download a sample template directly from the import modal. Your file must include:

Field
Required
Description

Invoice Number

Yes

The unique invoice reference from Loopit

Payment Amount

Yes

The amount received for that invoice

Payment Date

Optional

When payment was received

Payment Reference

Optional

Free text (e.g., bank record reference)

All amounts must be provided in your workspace’s default currency.


How to Import Payments

  1. Click Choose CSV and upload your file.

  2. Match each column to the correct field (Invoice Number, Payment Amount, etc.).

  3. Preview all rows before submitting.

    • You can edit individual records or remove rows if needed.

  4. Click Submit to begin processing.

    • Do not close the browser until the upload confirmation screen appears.

Once the file is accepted, you may continue working in Loopit while processing completes in the background.


Matching and Error Handling

Loopit automatically matches payments to outstanding invoices and assigns them as manual off-platform payments.

When processing is complete:

  • The operator who uploaded the file receives an email summary, including:

    • Total payments successfully applied

    • Payments skipped and the reason (e.g., missing invoice number, invalid value, duplicate invoice reference)

If any rows require correction, you can adjust your file and re-upload only the failed entries.


Reviewing Applied Payments

After import:

  1. Go back to Finance Reports > Payments

  2. All successfully matched payments will appear in the list

  3. Clicking an Invoice Number will open the invoice record showing:

    • The applied payment amount

    • Payment method: Off-Platform Payment

This ensures accurate financial reporting across your workspace while staying aligned with your external systems.

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