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Matching transactions multipay

Samantha90
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Matching transactions multipay

Hi,

One of my clients has paid his two staff but it has gone through as one payment, so the bank statement shows  'Multi-Pay anyone multiple payments' with one amount.

 

Obviously this will now not match with the two individual pay runs as a "Pay Employee"

 

So what do I do?

 

Hope someone can assist.

Thank you

3 REPLIES 3
LRBooks61
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Re: Matching transactions multipay

Hi

 

i am assuming that he has done this for not just one pay run but for multiple

 

I am also assuming that you are using bank feeds

 

so my suggestion is to hide the bank feed transaction and manually reconcile the two pay employee transactions, obviously ensuring that they do balance

 

If this is in fact how your client intends to continue you could educate them in the use of electronic payments, or if that is not an option then perhaps allocate the account the pays are paid from to a clearing account and then when they are paid from the main bank account the transaction would be allocated to the clearing account. This doesn't mess up your general ledger, the clearing account can be reconciled to make sure there is no discrepancy 

 

hope that helps

 

Lisa

BW-WBS
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Re: Matching transactions multipay

Hello,

How do you hide bank feed transactions? I've manually reconciled them and don't want them popping up in my feed.Thanks!

LRBooks61
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Re: Matching transactions multipay

You can hide bank feed transactions in accountright but not in essentials 

 

to hide go to bank feeds on the transaction you want to hide , right click then choose hide transaction 

 

if you have essentials, then I suggest that you un reconcile the transaction ( untick )and match it through bank feeds

 

hope that helps

Lisa

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