Receipt and Payment against multiple bills

Respected Sir,

When we receive a Receipt by Cheque or Bank Transfer we receive payment against multiple Invoices and just single Invoice. How do we adjust single receipt entry with multiple invoices.

Same problem with Purchase Bills we can not Pay multiple Bills using single payment.

When we add new Payment entry or receipt entry it did not allow us to select the bill or invoice of selected vendor or customer?
How can we solve this problem?

Hello,

You can add the payments to the respected invoices/bills separately from their Show page:

https://akaunting.com/docs/user-manual/sales/invoices

Regards

Let me explain again.
Our customer has 3 bills say 101, 105, 115 with total Value of 5700/-
Now customer make a Payment of 5700/- by clubing all bills in one payment and pay a single bank cheque of 5700/-
now we can not make multiple receipt entries for same cheque because it is in accurate as per accounting. So we have to make one receipt entry but we have to show payment received against all three bills. But currently I can just select one bill and make receipt entry and I have to do 3 different entries of receipt which is wrong as I have not received 3 cheques.

What if you first created an interim account like "Undeposited Funds" and receive the payment against the multiple invoices. Then do a single transfer TO your checking account FROM the Undeposited Funds for the full check amount. That way when you reconcile your account you will not have to "find" all of multiple invoice payments that add up to the check amount.

Using your example with customer's check number as CK1234.

1. Receive payment for invoice 101 as full payment, reference=CK1234, Account=Undeposited Funds.
2. Receive payment for invoice 105 as full payment, reference=CK1234, Account=Undeposited Funds.
3. Receive payment for invoice 115 as full payment, reference=CK1234, Account=Undeposited Funds.
4. Transfer 5700 from Undeposited Funds to Bank Checking Act.

For making a single payment for multiple bills (example Credit Card bill for multiple purchases) I use the same approach. The benefit of doing this is I am now able to categorize each purchase to the appropriate category.

1. Create an interim account - ex. Credit Card Interim
2. Enter cash transaction. From acct=Checking, To acct=Credit Card Interim,
3. Now make a payment for each individual purchase but use the Credit Card Interim account instead of your Checking account.

Hope that helps!