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Paying suppliers and reconciling bank


After entering purchase invoices I put in the payments made (usually by cheque)
I then upload the bank statement. However I then cannot tag the cheque payment to a ‘paid’ purchase invoice as it can’t find the invoice unless I remove the payment and tag it to the bank.

Is there a simpler way of doing this? I want to ‘pay’ at the time of raising the cheque and reconcile the bank statement once the cheque is cashed.

You could use a cheque holding account. Pay the purchase invoices from the holding account and the tag the cheques on the bank statement to the same account and it should just balance the holding account to zero once everything is paid up.

A cheque holding account has the side benefit of alerting you to any unbanked cheques.