How to tag a single payment across multiple client names?

How-to
1

Hi everyone,

I’m looking for guidance on how to tag a single payment to multiple client names in QuickFile.

Here’s the situation:

We’re an accounting business, and some of our clients have more than one company or use multiple services with us — for example, we handle both their company accounts and their self-assessment tax returns. It’s common for them to make just one payment covering both services or companies.

However, when I try to tag that payment, I can’t seem to split it between the relevant invoices under different client accounts. I’ve tried several approaches but haven’t found a working solution.

Could you please help?

Thanks in advance!

2

Hello @ZionAccount

You could use a merchant account for this.

Set up a dummy merchant bank in the banking screen.

  • Tag the payment as a transfer to a dummy bank account.
  • Pay off the invoice using the dummy bank.

Once complete the dummy bank balance would be nil.

3

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