Over payment - Should you Journal it?
I have a customer who paid a weird amount of money (286.38) into my bank account with not owing anything. They receive a monthly invoice of different amounts each month. I can keep this incredit for them but do I do a Journal Entry for the amount?
The amount has also turned up in my monthly bank statement. I want to reconcile for the month but have no entry for this odd amount.
What should I do?