Incoming payment linked to invoices not reconciling
1 incoming payment of $900 dated 1.8.08 has been linked to 3 AR invoices (dated in July), in the incoming payment window.
The 3 invoices have been pauid in full (NO part payment where made).
When running the customer aging report dated 16.9.08, the incoming payment receipt of $900 appears, but the 3 invoices appear to have been reconciled.
Why could this be occuring? How can I reconcile the invoices against the payment correctly?
Suda Sampath replied
Since the Invoices were originally created when the consolidation existed, the AR balance would be showing on the Parent. While these payments would be showing as a credit on the Child Accounts.
One of the ways woud be be to cancel the Deposit and then cancel the incoming Payment on the children and apply the incoming payment to the children.
Otherwise create a JE
Credit Parent for the Total of the 3 Invoices
Debit the 3 child BP's
Use CTRL+Tab on the JE Account Code field to select the BP instead of GL