Most of my clients still mail in checks. A lot of times, they will pay multiple invoices in one check. What is the best practice for entering payments?
I typically will enter the invoice as the payment amount, and just go back and use the same check number for the second and third invoice.
is there another way of doing this that will pay them all at once?
I have the same problem. I do as Hillel says : register the check as a payment for the first invoice, which indeed leads to the creation of a credit. Than open the second invoice of your customer and apply the credit, same with third invoice if necessary. It’s the truest to reality way according to me.
This reply was modified 2 months, 3 weeks ago by paroiron.
However, there should be a way to apply credit to all unpaid invoices at once.. There are several invoices which are not paid and applying credit to each of them is a hectic job.. otherwise, in client portal and statement, outstanding balance must get reduced from total credits. For eg. if the client has 32,000 in pending, then if there is a credit of 10,000 the balance should be 22,000.
I managed to display total paid (credit + paid ) , balance (total – credit + paid) in the client dashboard (not in the client’s portal. However, I would like to reflect the balance (total – credit + paid) in the outstanding balance which is displayed in the invoice pdf. Also, where would be the client statement file located…