What is my "Potential Clearing "?

In your Clearitt dashboard, you’ll see two key figures: Current Scheduled Clearing and Current Potential Clearing.

• Current Scheduled Clearing shows the total value of receivables or payables that have been approved for clearing during the current fortnight. These are the invoices ready to be cleared because both you and your counterpart have approved them.

• Current Potential Clearing reflects the maximum value you could clear this fortnight—if all invoices between you and your business partners were approved in time. It represents the full clearing opportunity based on invoice data and network connections.

To unlock the full value of your Potential Clearing, it's important to:

• Connect your accounting platform, so Clearitt can access all your invoices.

• Ensure your customer and supplier records are accurate, especially ABN and email addresses.

• Approve your invoices before the fortnightly clearing deadline.

If you haven’t connected your accounting system, we can only calculate potential clearing based on the data you’ve manually entered. Integration is optional, as it helps automate the process and ensures you're seeing your true clearing potential.