In the Payment archive, a payment can have two different statuses, which are described in this article.
When you have approved a payment in the service, the payment information is sent to your bank. In most cases, the bank sends us an error notification if the payment fails (for example, if your account balance is insufficient). After this, the status of the payment returns to Open on the Payments tab, and the payment is equipped with a note.
Because we do not receive the confirmation until the bank statement arrives, payments have two possible statuses:
The payment has been confirmed and transferred to the bank for handling (you can check the payment in your online bank).
The payment has been successfully transferred to the bank and confirmed on the bank statement. (Note! This status will be updated only after the bank statement arrives. If your company receives the bank statement monthly, for example, the status will be updated after the month.)