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userpaulattorbay
Level 1

How do i match a bank transaction that includes three bills but also for payment for one of my invoices to the supplier ?

the suppliers statement shown their 3 bills to me minus my invoice to them.
Solved
Best answer February 18, 2022

Accepted Solutions
EmmaM
QuickBooks Team

How do i match a bank transaction that includes three bills but also for payment for one of my invoices to the supplier ?

Hello Userpaulattorbay, Thanks for your question about matching the payment when the amount differs due to invoiced items being deducted from a bill. If your customer has invoiced you minus the amount they owed to you, you can create a contra journal to pay off the invoice and part pay the bill meaning the amount left owed is correct on the bill to then be the amount you paid. Essentially once the journal is created you go to the invoice and receive payment and use the journal and then go to the bill and apply the journal entry to pay or part pay the bill. We have included a link here that advises how to do the journal entry Any Q's just ask:smiling_face_with_smiling_eyes:

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EmmaM
QuickBooks Team

How do i match a bank transaction that includes three bills but also for payment for one of my invoices to the supplier ?

Hello Userpaulattorbay, Thanks for your question about matching the payment when the amount differs due to invoiced items being deducted from a bill. If your customer has invoiced you minus the amount they owed to you, you can create a contra journal to pay off the invoice and part pay the bill meaning the amount left owed is correct on the bill to then be the amount you paid. Essentially once the journal is created you go to the invoice and receive payment and use the journal and then go to the bill and apply the journal entry to pay or part pay the bill. We have included a link here that advises how to do the journal entry Any Q's just ask:smiling_face_with_smiling_eyes:

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