Hi there,
We've shipped a major upgrade to how organizations handle money in Velocity. Organizations now act as a billing layer, not just an invoicing one.
Organizations carry their own balance
The org Invoicing page now shows three cards: Organization Balance, Customer Balance, and Amount Invoiced. Record offline payments and balance reductions directly on the organization, and the funds land on the Organization Balance until you spend them.
Pay terms orders from the organization
The Payments menu on the org Invoicing page now includes Pay for Terms Orders, which lets you settle outstanding terms orders across every member customer in a single submission. When paying a terms order one at a time, the Payment action now offers a choice between the customer's balance and the organization's balance.
Refreshed invoicing ledger
The transactions table picked up Is Organization and Is Capital columns, so cross-account entries and capital terms are clearly distinguishable. Capital balance is no longer a separate card; it's flagged inline in the ledger.
No changes to existing API or Zapier payloads, so any automations you've built continue to work without modification.
You can see every release in the Velocity Enterprise Changelog.