Forum Discussion

Samantha1's avatar
Samantha1
Contributing User
2 years ago
Solved

REMMITANCE WITH A PURCHASE AMOUNT DEDUCTED

Hi,   We have a client that has sent us a remittance for their outstanding invoices - however, the was a purchase we needed to pay to them... what they have done is paid their invoices but have ad...
  • LRBooks61's avatar
    LRBooks61
    2 years ago

    Hi

     

    Can I suggest that you process both the payment of your invoice and the customers payment as normal but allocate the payment to undeposited funds.

     

    Then prepare the deposit from undeposited funds to the bank picking up both transactions which should then match the remittance.

     

    Hope this helps

     

    Lisa

LRBooks61's avatar
LRBooks61
Ultimate Cover User

Hi

 

Can I suggest that you process both the payment of your invoice and the customers payment as normal but allocate the payment to undeposited funds.

 

Then prepare the deposit from undeposited funds to the bank picking up both transactions which should then match the remittance.

 

Hope this helps

 

Lisa

Samantha1's avatar
Samantha1
Contributing User
2 years ago

Hi Lisa,

 

Thank you for your reply, i have applied this method and everything is back to normal :)