Bank Reconciliation Transaction Difference Adjustment
Hi
When reconciling a bank transaction amount against several payments sometimes the amounts may not match due to an extra change that has been deducted from the total amount shown in the bank.
eg.
$1000 Bank Transaction processed by payment gateway to bank. Relates to 3 Invoice payments: $250 + $250 + $475. When the amount is processed there was a charge of $25 for a past rejection that is not related the 3 invoices.
A way to still match these 3 invoices to the transaction and also to note any difference would be very helpful. I believe Xero has this feature.
Thanks!
Jason Kimber
shared this idea
Hello Everyone,
We have now enhanced the transaction matching with options to add on the fly adjustments.
Refer this help link to know how- https://www.zoho.com/books/help/banking/match-categorize.html#adding-adjustment
Hope you like it :)
Cheers,
Pavithira – Zoho Books.
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tahid uzun
commented
Hi
Thanks for notifying me also You can create a minor adjustment during bank reconciliation, which is the posts a reconciliation adjustment account transaction to the system rounding account.
https://uaewebsitedevelopment.com/payment-gateway-integration-services/