We deal with Farmlands and they pay the outstanding balance less a commission. How do we show this in the system?
Using the Remittance supplied by Farmlands, pay in full each invoice. Receive Now to move this into the bank rec.
The Customer account will record correctly the Invoices being paid.
Open the bank rec screen and do a Payment for the Commission.
It is recommended that this is a saved transaction so it can be recalled next month.
When looking at the Bank Rec Screen you will see two transaction's.
The Customer Receipt and the Payment.
Tagging both off this should equal the amount of money receipted into your bank. In the example above (which is indicative only) the payment into the bank from Farmlands would be $2,879.70.