diff --git a/app/serializers/api/admin/order_serializer.rb b/app/serializers/api/admin/order_serializer.rb
index d6888994d3..29aeee8fff 100644
--- a/app/serializers/api/admin/order_serializer.rb
+++ b/app/serializers/api/admin/order_serializer.rb
@@ -3,7 +3,7 @@ class Api::Admin::OrderSerializer < ActiveModel::Serializer
              :edit_path, :state, :payment_state, :shipment_state,
              :payments_path, :ready_to_ship, :ready_to_capture, :created_at,
              :distributor_name, :special_instructions,
-             :item_total, :adjustment_total, :payment_total, :total
+             :item_total, :adjustment_total, :payment_total, :total, :display_outstanding_balance
 
   has_one :distributor, serializer: Api::Admin::IdSerializer
   has_one :order_cycle, serializer: Api::Admin::IdSerializer
@@ -16,6 +16,12 @@ class Api::Admin::OrderSerializer < ActiveModel::Serializer
     object.distributor.andand.name
   end
 
+  def display_outstanding_balance
+    return "" if object.outstanding_balance.zero?
+
+    object.display_outstanding_balance.to_s
+  end
+
   def edit_path
     return '' unless object.id
 
diff --git a/app/views/spree/admin/orders/index.html.haml b/app/views/spree/admin/orders/index.html.haml
index 5359422dd0..596cd884c9 100644
--- a/app/views/spree/admin/orders/index.html.haml
+++ b/app/views/spree/admin/orders/index.html.haml
@@ -68,6 +68,8 @@
         %span.state{'ng-class' => 'order.payment_state', 'ng-if' => 'order.payment_state'}
           %a{'ng-href' => '{{order.payments_path}}' }
             {{'js.admin.orders.payment_states.' + order.payment_state | t}}
+            %span{'ng-if' => 'order.display_outstanding_balance'}
+              ({{order.display_outstanding_balance}})
       %td.align-center
         %span.state{'ng-class' => 'order.shipment_state', 'ng-if' => 'order.shipment_state'}
           {{'js.admin.orders.shipment_states.' + order.shipment_state | t}}
diff --git a/spec/factories/order_factory.rb b/spec/factories/order_factory.rb
index 9b1e60c0ff..38f2bc456e 100644
--- a/spec/factories/order_factory.rb
+++ b/spec/factories/order_factory.rb
@@ -46,8 +46,12 @@ FactoryBot.define do
     distributor { create(:distributor_enterprise) }
     order_cycle { create(:simple_order_cycle) }
 
-    after(:create) do |order|
-      create(:payment, amount: order.total + 10_000, order: order, state: "completed")
+    transient do
+      credit_amount { 10_000 }
+    end
+
+    after(:create) do |order, evaluator|
+      create(:payment, amount: order.total + evaluator.credit_amount, order: order, state: "completed")
       order.reload
     end
   end
@@ -56,8 +60,12 @@ FactoryBot.define do
     distributor { create(:distributor_enterprise) }
     order_cycle { create(:simple_order_cycle) }
 
-    after(:create) do |order|
-      create(:payment, amount: order.total - 1, order: order, state: "completed")
+    transient do
+      unpaid_amount { 1 }
+    end
+
+    after(:create) do |order, evaluator|
+      create(:payment, amount: order.total - evaluator.unpaid_amount, order: order, state: "completed")
       order.reload
     end
   end
diff --git a/spec/serializers/api/admin/order_serializer_spec.rb b/spec/serializers/api/admin/order_serializer_spec.rb
new file mode 100644
index 0000000000..513e764e54
--- /dev/null
+++ b/spec/serializers/api/admin/order_serializer_spec.rb
@@ -0,0 +1,29 @@
+require "spec_helper"
+
+describe Api::Admin::OrderSerializer do
+  let(:serializer) { described_class.new order }
+
+  describe "#display_outstanding_balance" do
+    let(:order) { create(:order) }
+
+    it "returns empty string" do
+      expect(serializer.display_outstanding_balance).to eql("")
+    end
+
+    context "with outstanding payments" do
+      let(:order) { create(:order_without_full_payment, unpaid_amount: 10) }
+
+      it "generates the outstanding balance" do
+        expect(serializer.display_outstanding_balance).to eql("$10.00")
+      end
+    end
+
+    context "with credit owed" do
+      let(:order) { create(:order_with_credit_payment, credit_amount: 20) }
+
+      it "generates the outstanding balance" do
+        expect(serializer.display_outstanding_balance).to eql("$-20.00")
+      end
+    end
+  end
+end