Multiple Pmts to Multiple Invoices (1:13)

Reconcile Multiple Payments to Multiple Invoices (1:13)

5 Comments

Matthew B
August 8, 2010 at 1:32 pm

I get a payments company to direct debit my clients. They then pay me in one daily aggregated payment after deducting their fees. So I need to reconcile that one payment with multiple invoices, which are under different client names. I then need to add a fee for the payments company.

Is there an easy way to do this? I’ve been kludging it by entering a negative balance to the fees account to make the payment balance, but there must be an easier way…

Xero Review
August 8, 2012 at 8:26 am

[…] receive a payment for an invoice in Xero you need to open up the invoice. http://blog.xero.com/2009/01/reconcile-multiple-payments-to-multiple-invoices-139/. For each invoice you want to receive payment for, you need to open up each separate invoice and […]

Rob G
November 11, 2012 at 12:50 am

Hi
Following on from Matthew’s question, I have slightly less complex situation. We are starting to bill our clients by electronic direct debit, with each payment relating to 1 invoice. The payment company takes a 1% fee for every transaction. So the amount we receive will be the invoice total minus 1%.

Will Xero be able to automatically match the payment to the invoice? What rules do you use to do the matching?

Cheers

Joanne Van Heeswyk
September 9, 2013 at 11:52 am

I would like to know how to add a payment to invoices without having to do each one indiviually

Sam A
May 5, 2014 at 6:40 pm

This video is outdated, the menu system has changed given the xERO is now 2014-i-fied

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