Payment promises · 5 minute guide

How to record a promise to pay an invoice

A promise is useful only when the record shows who made it, what they promised and what happened afterwards.

Recording a promise does not determine its legal effect or prove that funds will arrive.

Keep the original promise

Save the email, message or call note that contains the promise. Record the person, business, date, channel and the exact detail you understood, while keeping a link to the source.

Record what was actually promised

Separate a definite amount and date from a vague intention such as “soon”. If the message does not identify an amount or timing, mark that information as missing rather than completing it yourself.

  • Promised amount, if stated
  • Promised payment date, if stated
  • Whether one payment or instalments were described
  • The source message or call note

Check payments against the record

Record payments and credits separately, then compare them with the promise. A part-payment can change the outstanding balance without completing the whole promise.

Do not delete the promise when payment arrives or fails to arrive. Add the outcome so the chronology remains intelligible.

Choose the next review

If the promise detail is unclear, ask for confirmation. If the recorded date passes without a matching payment, re-check the ledger and source communication before following up.