We had to do debt collection for two invoices one of our customers didn’t pay £289 + £918.
The interest, court fee, fixed costs and compenstion came to £345.16.
The customer made two payments £1315 + £237.16.
So it all balances at £1552.16.
In the bank I tagged the payments as Payment on Account, then went into the Customer Accounts and paid off the two invoices.
How do I get the balance of £345.16 onto the General Ledger? If I raise an invoice to the customer it ends up in sales. Do I then journal it out of sales or is there a simpler way? Or indeed can it just go to sales?