Electronic transfer / Bank feed
We have paid a supplier via a electronic transfer and was advised after payment that the bank account details were incorrect. The money has come back into our account and we have re paid the invoice ...
Forum Discussion
hi
the simplest way to deal with this is to allocate the bounced entry and the corrected entry to the same gl account as they will reconcile the bank but effectively cancel each other out.
You could set up a clearing account in the gl or allocate as per the original invoice allocation ( do a recieve Money and a spend money transaction). just make sure that the entries are exactly the same
hope that helps
Lisa
