Payment from a company to cover 2 company names

[Pictoreal]

I have 1 payment from a company that covers 2 invoices, but the invoices are separate company names. When I go to tag the payment in the bank statement I can allocate 1 invoice to it but then cant seems to find how to allocate the rest to the other companies invoice.

[QFMathew]

Hi @Pictoreal

Each payment can only be associated with 1 client. There is a work around available, which was covered recently in the below post:

One imported bank statement payment pays two suppliers

You need to either delete the original £1000 transaction and enter it manually as separate ones for £600 and £400, or use a holding bank account (so the £1000 out of the current account is a transfer to the holding account, and the £600 and £400 payments come out of there). You can’t tag a single bank transaction to more than one supplier in QuickFile.

Hope this helps, but please do let me know if we can help further.

[Pictoreal]

Thanks, I think I can work around it