Buy now pay later, and pay now receive later

Most purchases are simple: you pay, you take the thing home, done. Two common cases are not, and each has its own page.

Credit Purchases — the goods came first

You took the sofa home and agreed to pay over three months. Press Add Credit Purchase and record what you owe now, then log payments against it as you pay it off. The balance falls as you go, so you always know what is left rather than guessing from memory.

Statuses are short: Active while you still owe, Completed once it is cleared, Cancelled if the arrangement fell through.

Three actions hang off a credit purchase. You can record a payment, record a delivery — useful when the goods arrive in stages rather than all at once — and collect change credit. That last one covers the everyday case of handing over more than the price and leaving the balance with the seller. It is money you still own, so collecting it is not income. It comes back to you exactly as it left.

Prepayments — the money went first

A deposit on a venue, a booking paid months ahead, a term of school fees. Press Add Prepayment and it is tracked as an asset until you mark it delivered, because until then it is still yours in a real sense. Treating it as an expense on the day you paid would tell you that you are poorer than you are.

Prepayments carry more statuses because more can happen to them: Active, Partially Received, Completed, Cancelled and Refunded. Where something arrives in instalments — a term of tuition, a delivery in batches — the consumption schedule is what turns the prepaid amount into value received over time.

When something never arrives, use Mark as Not Delivered rather than deleting the record. Deleting hides the fact that it happened. Marking it keeps the history, and you can then record a refund if the money comes back.

Both pages are Personal Pro for adding new records. Anything you have already entered stays fully visible and usable on the free plan.