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The Book-keepers Forum (UK) -> VAT, Payroll & Tax -> Supplier Invoices not matched to Bank Payments
Post Info TOPIC: Supplier Invoices not matched to Bank Payments
Maggie Russell


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Supplier Invoices not matched to Bank Payments
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Hiya

I am trying to sort out an account which has an o/s payment due of £591.60 which should have been processed as Supplier Payments but have been put through as Bank Payments by the previous accounts person.

Is it possible to match these up or should I delete the original invoice once I am happy that all the payments due by DD have been processed through the bank which they should be any day.

Thanks

Maggie 



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Maggie Russell

AAT Level 3 Student
Cheshire


Master Book-keeper

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Posts: 8646
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Hi Maggie Quick one as I'm right up against it! Best thing is to preserve supplier and customer accounts if you can, so I would suggest key a 'bank receipt same date as payment, same T code and nominal. Then key as supplier payment same day and link to invoice. The two items will cancel each other out when you do the bank rec and your supplier account is correct. HTh

__________________

 Joanne 

Winner of Bookkeeper of the Year 2015, 2016 & 2017 

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.

You should check out answers with reference to the legal position
Maggie Russell


Veteran Member

Status: Offline
Posts: 27
Date:
Permalink Closed

Thanks so much. Lovely to get this sorted.

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Maggie Russell

AAT Level 3 Student
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