06- Payments

Overpaid Supplier Invoice

Sometimes we might overpay a supplier.

To correct and record a credit on supplier account see below:

Open purchase journal:

Purchase Journal Credit

As you can see the amount of $-30.71 is shown as negative. The invoice number is refereeing back to the original invoice with “overpay” as an indication to an error.

The account is the expense account normally used for this supplier.

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Cheque Number Sequence

This tutorial is on how to update or change cheque number that has gone out of sequence.

Its very easy. follow these few simply steps.

First – From the setup menu click on Reports and Forms. the Reports & Forms Option screen pops up.

Reports & Forms Option 1

Click on Cheques and choose the bank account you need to update cheque number.

 

Reports & Forms Option 2

Here you can change the cheque number to the next available number and click Ok.

 

Reports & Forms Option 3

That is how you can change cheque numbers. Visit us again for more tutorials on the most asked questions.

 

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