marple
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Re: Matching Contra Transactions with Bank Feed
Thanks so much for your help Genreve. You clarified where I had gone wrong. Instead of creating Transfer Money for each bill/invoice I cancelled them and created one Transfer Money just for the Balance on the Statement (which matched the balance of the Contra Account). The only difference for this case was I needed to Transfer From the Bank Account To the Contra not the other way around as you had suggested. It worked perfectly.255Views0likes1CommentMatching Contra Transactions with Bank Feed
We have a Supplier who is also a Customer so have created a Contra Account to process their Bills/Payments. I'm having a problem with matching the transfers between the Contra account and our normal Bank account with the Bank feed amount due of 206.86. I Created Invoices and Bills. 2x Invoices and4x Bills. Invoices total: 192.05 Bills total: 398.91 Payment Due 206.86 I have Taken Payments for Invoices by using "Create Invoice Payment" and used Contra as bank acount. Then used Banking - "Transfer Money" to transfer amount from the Contra to the Bank Account. I Paid Bills by using "Create Supplier Payment" and using Contra as the bank account. Then used Banking - "Transfer Money" to transfer amount from the Bank Account to the Contra. I processed each of the Bills and Invoice payments and transfers individually to and from the Contra (6 transactions). The Contra account balance is now 0.00. Now when I try to Match the transactions to the Bank feed amount due of 206.86 I'm not sure how to do it. Thank you for your help.Solved312Views0likes3Comments