Can I change the remittance to show which invoices credits are being applied?

Accounts Officer

Rav

Hi there Ruben,
I can certainly see where you're coming from, at this stage I don't have any indication on any changes in this area unfortunately. How would you see the workflow on this?

Gerry Pekin_9795134

Providing a clear Remittance Advice detailing credit allocations to suppliers is such a basic bookkeeping function. I cannot understand why Reckon/Quickbooks have not addressed this obvious problem long ago. It continues to be a thorn in my side. 

Acctd4

Hi All

If you apply Bill Credits at the time of allocating the Bill Payment, they will show on the Supplier's Remittance Advice for that Payment.

Jo Arnold

Has there been any update on this issue? I would like my remittance to show the payee what credits have been applied against which bills. Often by the time I receive a supplier credit note, the bill has already been paid, so I need to apply the credit to a different bill and if the supplier can't see where I've applied it, it is somewhat confusing.

Acctd4

@Jo Arnold As per my reply back in 2018, if you apply credits at the time of allocating the bill payment , this will display on the remittance ☺️

Jo Arnold

Hi Shaz

Thank you for your reply. However, what you say only works if the bill is paid using a credit for part of the payment. If an invoice is paid in full using credits it does not show up on the remittance. The remittance will only show payments made from the selected bank account. And the credits that do appear on a remittance do not show to which invoice it has been applied.

If there is a way around this I'd love to know.

Thanks,

Jo

Acctd4

Hi Jo

When I've needed that, I created a Memorised report that shows this & called it "Remittance". The beauty of this particular workaround over an actual Remittance is that you can fully customise it to show/hide whatever you want! ☺️

Here's an example generated from the Sample Company File:

Jo Arnold

Thanks Shaz,

That's a great idea. Can't wait to give it a go. Hope it helps others too - I have seen plenty of posts about this issue.

Regards

Jo