Debt Collection Transactions
Hi Brains Trust We recently used a debt recovery company to recover an outstanding payment of an invoice. The customer had made a part-payment, and then didn't pay the rest. Through the debt com...
Forum Discussion
I would suggest that you record an invoice for the debto collectoe for the $349.80 and pay it fron undeposited funds
Then receive the invoice payment of $1590 also to undeposited funds.
Then prepare a bank deposit with both transactions for the net amount to the bank.
This will record all transactions for you
Hope this helps
Lisa
