How do I match multiple bank feeds to a single invoice/bill?
There might be cases where your customer might have paid for an invoice in installments by depositing smaller amounts into your bank account. It is possible to associate that one invoice or bill(in the case of a vendor) with multiple bank feeds. Please follow the instructions below to do so:
In the Banking module, select the bank account and click on a feed that you wish to match with an invoice/bill. In the pane on the right side, select the option Categorize Manually.
Under Category, in the case of an invoice, select Customer Payment or in the case of a bill, select Vendor Payment.
Select the Customer/Vendor for whom you are categorizing this feed. The invoices/bills and the amount due for this contact will be listed below. Enter the required amount under Payment.
So, if your customer has paid you R100 in installments for a R300 invoice, click on each R100 feed, follow the steps above and enter the amount R100 under Payment and click Save.
This transaction would now be categorized and the status of you invoice/bill would change to Paid.