The Book-keepers Forum (BKF)
The Book-keepers Forum (UK) -> Book-keeping Software -> Please help, allocated payment to wrong account
Post Info TOPIC: Please help, allocated payment to wrong account
stella1310


Veteran Member

Status: Offline
Posts: 27
Date:
Please help, allocated payment to wrong account
Permalink Closed

hi,

I allocated a payment from client to a wrong client that owed the same amount. its already reconciled as it was in october. can i still save it??



__________________
www.savebox.co.uk | www.couponcafe.co.uk
Robert Pearce


Senior Member

Status: Offline
Posts: 266
Date:
Permalink Closed

I guess it depends on the software that you're using but does it not allow you to reallocate the payment?

If not, one option is that you wait until the 'wrong client' pays you and then allocate this against the outstanding balance (and make a note about the mix-up).



__________________

Pearce & Co - Chartered Accountant and Chartered Tax Adviser 

www.pearceandcoaccountants.co.uk

These comments are outline only and are not a substitute for specific professional advice.
YLB-HO


Guru

Status: Offline
Posts: 715
Date:
Permalink Closed

Worse case - you could always do additional entries reversing the orginal ones, and then do new ones. If you have the facility put notes on each transaction explain why or referencing to each other.

__________________


Frauke
BKN Book-keeper of the year 2011
stella1310


Veteran Member

Status: Offline
Posts: 27
Date:
Permalink Closed

thank you. As i am using sage i was able to edit payments in correction menu.



__________________
www.savebox.co.uk | www.couponcafe.co.uk
Page 1 of 1  sorted by
 
Quick Reply

Please log in to post quick replies.
The Book-keepers Forum (UK) -> Book-keeping Software -> Please help, allocated payment to wrong account
Tweet this page Post to Digg Post to Del.icio.us
Members Login
Username 
 
Password 
    Remember Me  
©2007-2024 The Book-keepers Forum (BKF). All Rights Reserved. The Book-keepers Forum (BKF) is a trading division of Bookcert Ltd. Registered in England Company Number 05782923. 2 Laurel House, 1 Station Rd, Worle, Weston-super-Mare, North Somerset, BS22 6AR, United Kingdom. The Book-keepers Forum and BKF are trademarks of Bookcert Ltd. This forum is a discussion forum only. There will usually be more than one opinion to any question and any posting should not be viewed as a definitive solution. No responsibility for loss occasioned to any person acting or refraining from action as a result of any posting on this site is accepted by the contributors or The Book-keepers Forum. In all cases, appropriate professional advice should be sought before making a decision. We reserve the right to remove any postings which are offensive, libellous, self-promoting or engaged in covert marketing. We will not notify users of removals. The views expressed in the forum posts are those of the individual and do not necessary reflect or agree with those of The Book-keepers Forum. Any offensive or unsuitable posts will be removed by the moderators. Any reader of this forum can request for a post to be looked into by sending an email to: bookcertltd@gmail.com.

Privacy & Cookie Policy  About