Discrepancy between total amount and balance in Customer Accounts - Forex

NikiRSCG
NikiRSCG Member Posts: 1 Novice Member Novice Member
edited August 2023 in Accounts Hosted
Screenshot 2023-08-25 131733.png

Has anyone experienced this kind of issue when dealing with Forex transactions in Reckon? is there anyway to clear this off so it wont appear in AR summary report?

Answers

  • Acctd4
    Acctd4 Accredited Partner Posts: 3,754 Reckon Accounts Hosted Elite Expert Reckon Accounts Hosted Expert

    Hi @NikiRSCG

    Are you on Cash or Accrual ("Non-Cash") basis for GST (eg BAS) ? If you're on Cash, edit the applicable invoices/bills to match the payment amount(s).

    Shaz Hughes Dip(Fin) ACQ NSW, MICB

    *** Reckon Accredited Partner (AP) Bookkeeper - specialising EXCLUSIVELY in Reckon Accounts / Hosted ! ***

    * Regd BAS Agent (No: 92314 015)* ICB-Certified Bookkeeper* Snr Seasonal Tax Consultant since 2003 *

    Accounted 4 Bookkeeping Services

    Ballajura, WA

    shaz@accounted4.com.au

    https://accounted4.com.au

    (NB: Please give my post a Like or mark as Accepted Answer if I have been able to resolve your query as this helps others when seeking solutions!)

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