7 comments
Omar Kassim
Is there an easy way to reconcile multiple invoices to a single payment per this video – except where the invoices are in several different currencies? Assuming the Xero multi-currency feature is available, for example, a single NZD payment on a NZ bank account, reconciled to one Invoice in GBP and another in AUD.
John
Can one customer pay several invoices for other customers? I run a medical practice and am evaluating online solutions for moving away from quickbooks. Basically, I’d like to see if we can program a contact as an insurance company who would pay many client’s full or partial invoices. We love your UI. Thanks!
If I understand your scenario correctly, yes you can. One payment received into your bank account can be applied to multiple invoices you’ve already issued from Xero, not limited to specific recipient or customer names. Perhaps in your scenario you could take the additional step of using the reference field on any customer invoices or transactions to enter an insurance company name, short cut, number or other reference, then when a payment is received from this company you can search by that reference to locate all the invoices that the payment covers rather than looking for invoices by customer name.
There’s a bit more information in our Help Centre about finding invoices to match to a payment: Bank Reconciliation > Find & Match
Hope this helps.
Regards, Catherine
Margaret Garrett
I have paid a supplier ie. $5000 $4000 $1500 and no matter how many invoices I try to add together can not make up the balance how can i remedy this
Craig McCulloch
Hi, my question is about reconciling business credit card. Obviously I want to code all the months credit card transactions to various expense codes, but the statement will require one payment to cover all transactions. This will mean a double up on total expense. How do I manage this?
Does this process cover paying multiple AP invoices (to one supplier) with one payment, say a cheque from our side? How would it be easiest to carry this out?