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MarekW
Level 1

Multiple transfers for one payslip.

Hi.

How to match multiple bank transfers in one payslip?

 

Let's take an example:

 

A payslip for one month is for the amount of £1800. The employer transferred this amount to the employee's bank account, but not as one transfer £1600, but as three, e.g. £400, £600 and £800.

If we want to match a transfer for the amount of £400 with a payslip, the Quickbook system will not show us this payslip for selection, because the amount of the bank transfer is too small.

 

Is it possible to settle the amount for one payslip with several transfers?

 
 

 

 

1 REPLY 1
ShyMae
QuickBooks Team

Multiple transfers for one payslip.

I appreciate you taking the time to share your situation with me, Marek. Managing bank transfers and payslips in QuickBooks Online can be challenging, so let's work together to ensure your financial records are accurate.

 

The system is unable to match multiple downloaded transactions to one existing entry. Instead, it can only match a single downloaded transaction to several existing entries.

 

You're right that the system will not show the payslip since the amount of the transfer doesn't equal the total amount of the payslip.

 

In your case, we can manually clear your payslips in the Bank Register and exclude those multiple transfers.

 

To manually clear the payslip, here's how to do it:

 

  1. Head to the Transactions menu and click Chart of Accounts.
  2. Find the account holding the transaction and locate your payslips.
  3. Head to the check column and tick until you see the C.
  4. Hit Save.
     


Now, let's exclude the bank transactions by following these steps:

 

  1. Hover over the Transactions menu, then Bank Transactions.
  2. In the For Review tab, tick the checkbox for each transfer you want to exclude.
  3. Once done, click Exclude.


Moreover, I'm adding these future resources to help reconcile your transactions seamlessly:

 

 

By manually clearing your payslips and excluding the individual transfers, you're taking important steps to ensure your financial records remain accurate. Best wishes, Marek!

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