There is a few companies that we pay either by debit card or through paypal. When first setting up we paid with debit card so we created a new supplier and have entered payments to them under there supplier account. Have noticed that when paid through paypal it is sitting in the suspence account even though we have entered the invoice, is there a way that we can remove it from the suspence account, or is there a way to tag it to the invoice in the supplier account.
Suspense account entries in QuickFile usually represent untagged bank transactions. If you have a PayPal feed active then when you made the PayPal payment it would have been imported as an untagged money out transaction in your PayPal merchant account, and it’s that transaction that counts as the payment to a supplier. If the payment was funded from your bank account then the money out from there isn’t payment to a supplier but rather a transfer to the PayPal account to balance the outgoing supplier payment from there.
Thank Ian, managed to sort most just got one left that i can not do anything with,
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