Payables Rec Out of Balance
Hi, My payables rec is out of balance. I have found the issue. A payment was made on the 22/06/2021 to a supplier in error. This payment was then allocated to other open purchases for this...
Forum Discussion
The best way to correct this is to change the dates on the invoices to prior to or the same date as the payment date. 21/6 or 22/6)
Only concern would be the 1/7/21 invoice which changes your balance sheet if the dates change.
If the payment was applied in June against both invoices there isnt a BAS issue but it would be worth flagging with your accountant. Might not be an issue especially if he hasn't completed last years tax
Hope this is helpful
Lisa
