Multiple Pmts to Multiple Invoices (1:13)

Reconcile Multiple Payments to Multiple Invoices (1:13)

5 Comments

Matthew B
August 16, 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 28, 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 3, 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 18, 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 21, 2014 at 6:40 pm

This video is outdated, the menu system has changed given the xERO is now 2014-i-fied

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

Payroll for Alaska, Hawaii, North Carolina

We’re excited to announce Payroll in Xero is available for Alaska, Hawaii and North Carolina. Over 100,000 small businesses in Alaska, Hawaii and North Carolina employ at least one employee. Xero is truly excited to provide an accounting and payroll solution that will not only make running their business much easier, but also make them much more ...

Introducing the new US payroll in Xero pay run process

We’re excited to announce a new and streamlined pay run for US payroll. Redesigned throughout, the process focuses on efficiency from top to bottom. This means easier initial pay runs, the ability to edit pay run information without leaving the flow, and removing unnecessary steps which slow down the process. This all adds up to ...