Hi there, just wandering why you would use payment on accounts in Sage. To me They just seem to complicate things!
I have taken over accounts and there seem to be POA's for direct debit payments, on supplier accounts and some remain outstanding from months back but bank been reconcile???
Thanks,
Kiz
It sounds like invoices need entering to clear the POAs. If they were genuine direct debits then the bank will balance but depending what the DDs were for your profit might be overstated as currently you have bank payments sitting in the suppliers ledger on the balance sheet that either need moving to the right balance sheet account or an invoice entered
I assume that POA's cannot be deleted as the bank has been reconciled to date? I just can't see why POA's have been used in the first place! I have posted no problem without using them. I suppose different people prefer different methods of using Sage.
To be fair to the person who was previously using these Sage accounts, the reason why they may have been posting payments on account would be because the invoice to which the payment relates had not been posted to the supplier account which may not have been their fault).
No you should not just delete these poa entries otherwise your bank will not reconcile and you would then have to go back an re enter these bank payments
