Moving money from undeposited funds to debtors account

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LaurenADR
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LaurenADR

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Moving money from undeposited funds to debtors account

Hi, I'm wanting some advice on how to transfer money from undeposited funds account to a debtors account. The amount was put into undeposited as I didn't know which debtor the payment came from. I have AccountRight basics 2015.4.1. I can journal the payment from undeposited funds to trade debtors but how do I allocate it to a specific debtor? Or do I need to somehow reverse the original transaction? Any help is appreciated. Thank you!

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Ultimate Partner David_Cree
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David_Cree
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Re: Moving money from undeposited funds to debtors account

Hello Lauren @LaurenADR

This should be fairly simple to do .

I assume that you have a debtor showing as open, and you want to apply the funds that you put in the Undeposited funds account to pay the open invoice.

If you go to Sales / Receive Payments select the open invoice. Change the Deposit to Account to the Undeposited Funds a/c. and apply the payment to pay off the invoice.

That should do it.

Cheers

David

DAVID CREE
MY Business Locum MBA, LCGI, MICB
MYOB Certified Consultant
Ph: 0418 622 163 Fax: 08 8362 2163
mybl@senet.com.au
St Peters South Australia
LaurenADR
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LaurenADR

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Re: Moving money from undeposited funds to debtors account

Too easy thank David!
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