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Reconcile partial payments from debitores
Reconcile partial payments from debitores

If your customers pay the invoices in several installments, you can still reconcile them.

Updated over a year ago

And this is how it works...

Where can I find this function?

Navigate to ⨠Bookkeeping ⨠Reconciliation ⨠ Escalated.

Reconcile partial payment

First, you should open a new flow account so that you can keep track and compare against the 1100.

As an example, you can open a new account in the chart of accounts under the category "Receivables from goods and services". Code: "1103" Title: "Pass-through account partial payment debtors".

How to open a new account in the chart of accounts is explained in this article.

Example: A customer invoice for 200 CHF was issued on 01.01.2022 and sent to the customer. On 10.01.2022 100 CHF were transferred and on 30.01.22 the remaining 100 CHF were credited.

As soon as a debtor is credited in the reconciliation (Bookkeeping - Reconciliation - Escalated) and it does not correspond to the total, proceed as follows:

  1. Click on "Reconciliation".

  2. Select the corresponding document. Now a window will open asking you to enter a manual entry.

  3. Make a manual entry as follows:

    Debit 1103 - Credit 1100 - Amount 100 CHF - Date 10.01.2022 (leave date of transaction) - Posting text: Enter the invoice number and possibly the customer name R10123 Andreas Ros Lang.

  4. The remaining 100 CHF will be automatically posted by Accounto as follows:

    Debit 1021 - Credit 1103 - Amount 100 CHF - Date 10.01.2022.

As soon as the second credit note arrives, proceed as follows:

  1. Click on "Reconcile"

  2. Click on "add manual entry

  3. Book as follows:

    Debit 1021 - Credit 1103 - Amount 100 CHF - Date 30.01.2022 (leave date of transaction) - Posting text: enter the invoice number and possibly the customer name R10123 Andreas Ros Lang.

Thus, the following has been posted:

Booking

Date

Credit

Debit

Amount

Customer document

01.01.2022

1100

3400

200 CHF

Accounto booking

10.01.2022

1021

1100

100 CHF

manual booking

10.01.2022

1103

1100

100 CHF

manual booking

30.01.2022

1021

1103

100 CHF

Account 1100 opens after the document has been reconciled and a manual entry has been added.

Account 1103 opens after the last credit has been made and the bank has been manually posted to 1103.

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