Is there a way in that I can receive customer / client payment all at once and have them apply to the date that they were entered? Without entering each individually?
- posted
16 years ago
Customer Payments
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- posted
16 years ago
Huh?
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- posted
16 years ago
I have entered a total of 136 invoices for various times in 2006 for customer A. I forgot to record each payment when it was received (all invoices have been paid) and now I have a huge receivable. Instead of going back and entering each payment received separately, is there a way that I can entering in the total of all invoices and when I hit save and close, the payment date and the invoice date would be the same.
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- posted
16 years ago
Do you mean like receive payment, type in full amount due and then hit the auto apply button and the save button?
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- posted
16 years ago
Then record a journal entry reversing the the doubling of sales and cash recipts.
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- posted
16 years ago
What did you do with the individual payments received from the customer? IF you have never recorded/deposited the money received then you could use the Receive Payment task as suggested. But if you have entered the payments when you deposited the money intothe bank then you need to identify each of those payments and correctly post them against your customer.You might be able to correct this with a JE but you will need to identify how the original deposits were posted first.