Glossary
Terms you might see in the Payments portal — outstanding items, jobs, statements, and more.
These are the terms most likely to come up in the Payments portal. If you see a term that is not here, your dealer is the right person to ask — they can explain how a specific concept maps to their billing.
ACH (Automated Clearing House) A bank-to-bank payment network. ACH transfers funds directly from your bank account to your dealer's bank account. Processing takes 1 to 3 business days.
Credit adjustment A credit on your account — could be a discount, a write-off, or a credit memo your dealer issued. Credit adjustments reduce what you owe and can be applied when you pay.
Debit adjustment An additional charge on your account, often for things like an overpayment correction or a fee. Debit adjustments add to what you owe.
Dealer The company you owe money to. In Drypowder, the dealer is usually an ECI Spruce customer — typically a lumber and building materials supplier.
Job A project tag carried on invoices. The Payments portal groups your outstanding items by job so you can see what is owed per project. Items without a job appear under an Unassigned group.
Outstanding items Everything you owe your dealer right now: open invoices, debit adjustments, and unapplied credit adjustments. The Outstanding view organizes these by job.
Payments portal The Drypowder website you use to view what you owe and pay your dealer.
Plaid The third-party service that handles bank account verification. The first time you pay by ACH, you link your bank through Plaid Link. Drypowder never sees your bank credentials.
Settled A payment status. Settled means the funds have cleared and the payment is complete.
Statement A monthly billing snapshot from your dealer that rolls your invoices and adjustments into a single balance with a discount date and a due date. If your dealer uses statement billing, you can pay the full statement in one transaction.
Statement discount A discount your dealer offers when you pay the full statement balance by the discount date. The Payments portal applies the discount automatically on the payment preview when you pay through the Current Statement view in time.