I do the bookkeeping for a client and a few times we had no invoice when the direct debit was taken from the bank, so the payments were put through as a payment on account. After chasing the client I now have the invoices which I need but I don't want my aged creditor report to get messy and complicated. Is there an easy way to post the payments and allocate them against the payments on account?
Regards,
Jon
Replies (2)
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Payments on Account
You'd post the invoices as normal then go to Bank -> Supplier and pay both the invoice and the payment on account - that way neither the invoice or the payment will be outstanding and neither of them will affect the aged creditors.
John
What?
Have you not already posted the payments as PoA?
Its the invoices you need to post (in the usual manner)
Then match the invoices to the PoA using a Nil payment.