Glossary › Remittance Advice
Remittance Advice
A note from a payer listing which invoices a payment covers — essential for allocating lump-sum payments correctly.
Remittance advice accompanies a payment and lists the invoices it settles. When a client pays several invoices in one transfer, the remittance is what lets you allocate the money correctly in your books.
Asking clients to email remittances or use the invoice number as the payment reference saves significant reconciliation guesswork.
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