Late payer in different year when entering new accounts

[laurie]

Hi All

My situation is similar to this in the topic link below, except that I do not have the invoice on the QF system. It is on my old accounts system, so I have nothing to tag the payment against. What is the best way to deal with this.

Regards
Laurie

Payments from late paying customers

The invoice would still be there to tag. If you look at the client screen for that particular client, the invoice should still be shown as ‘unpaid’. What happens when you try to tag through the bank screen? Edit Just wanted to show you what I mean. My tax year ends in June, so I’ve just gone into my new one. My invoice screen still shows this: [image] This is dated in May, my last tax year, and is still yet to be paid (unfortunately!) When I enter an amount to the exact same value as the …

[Glenn]

Normally what you’d do here is create an invoice against that client and place it 1 day before your current accounting year. The invoice should be marked up as something like “Outstanding debt”. Any payment that comes in that is linked to an invoice raised in an earlier year or before you starting using QuickFile can be assigned to this invoice.

[laurie]

Hi Glenn

Thanks for that information. That all makes sense.

Regards
Laurie