5 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
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?