How do you allocate in Sage?

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Match multiple payments or credit notes
  1. From Contacts, select the relevant customer or supplier.
  2. From the Manage drop-down, choose Account Allocation.
  3. Select the payments on account or credit notes you want to use.
  4. Select the invoices you want to pay.
  5. The Left to Allocate box at the bottom should be 0.00.
  6. Click Save.

How do I allocate transactions on Sage?

Allocate transactions automatically
  1. Choose the customer .
  2. Enter the allocation date or choose it from the date picker .
  3. Click Auto Allocate. An Allocate value is entered for the all transactions until the difference is 0.00.
  4. Click Save.
Allocate transactions automatically
  1. Choose the customer .
  2. Enter the allocation date or choose it from the date picker .
  3. Click Auto Allocate. An Allocate value is entered for the all transactions until the difference is 0.00.
  4. Click Save.

How do you allocate a payment?

Allocate when the payment or receipt is recorded

When you record a receipt, payment or credit note, you select the invoice that is being paid. You can do this: From the invoice itself , choose Record Payment or Add Credit note. From Banking, then Customer Receipt or Supplier Payment.

How do you allocate in Sage 200?

Use this if you want Sage 200 to allocate your transactions automatically. Click Auto Allocate.
…
You cannot enter a payment for any transactions that are queried.
  1. Select the debit item (invoice) that you want to pay.
  2. Click Payment. …
  3. Select the Bank account to be used.
Use this if you want Sage 200 to allocate your transactions automatically. Click Auto Allocate.
…
You cannot enter a payment for any transactions that are queried.
  1. Select the debit item (invoice) that you want to pay.
  2. Click Payment. …
  3. Select the Bank account to be used.

How do you allocate a credit note to a payment?

Apply credit to an invoice from a credit note to reduce the amount owed.
  1. Find and open your awaiting payment credit note. …
  2. Click Credit Note Options, then select Allocate Credit. …
  3. Enter the amount in the Amount to Credit field for each unpaid invoice you want to credit. …
  4. Click Allocate Credit.
Apply credit to an invoice from a credit note to reduce the amount owed.
  1. Find and open your awaiting payment credit note. …
  2. Click Credit Note Options, then select Allocate Credit. …
  3. Enter the amount in the Amount to Credit field for each unpaid invoice you want to credit. …
  4. Click Allocate Credit.

How do you match open items in pastel?

Match Open Item menu option. Select this option to return to the batch Open Item Matching screen, should you wish to complete the matching.

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How do you match a credit note to an invoice in Sage?

Match multiple payments or credit notes
  1. From Contacts, select the relevant customer or supplier.
  2. From the Manage drop-down, choose Account Allocation.
  3. Select the payments on account or credit notes you want to use.
  4. Select the invoices you want to pay.
  5. The Left to Allocate box at the bottom should be 0.00.
  6. Click Save.
Match multiple payments or credit notes
  1. From Contacts, select the relevant customer or supplier.
  2. From the Manage drop-down, choose Account Allocation.
  3. Select the payments on account or credit notes you want to use.
  4. Select the invoices you want to pay.
  5. The Left to Allocate box at the bottom should be 0.00.
  6. Click Save.

How do you cancel a credit note?

A closed credit note implies that the amount due to the customer has been paid, either through a direct refund or by applying the credits to an invoice. To delete this credit note, you need to first cancel this payment.

How do I delete a credit note in Sage 50?

Resolution
  1. Open up the payment or receipt window.
  2. Select your customer or vendor and you will see the credit memo under the ‘Payment Amount’. Clicking on it will pre-fill an amount and finally, simply post it to reverse the credit memo.
Resolution
  1. Open up the payment or receipt window.
  2. Select your customer or vendor and you will see the credit memo under the ‘Payment Amount’. Clicking on it will pre-fill an amount and finally, simply post it to reverse the credit memo.

How do I record a return in Xero?

Record a refund
  1. In the Business menu, select Purchases overview.
  2. Click See all, then select the Awaiting Payment tab.
  3. Open the credit note you want to refund.
  4. Scroll down to Receive a cash refund and complete the payment fields.
  5. Click Add Refund.
Record a refund
  1. In the Business menu, select Purchases overview.
  2. Click See all, then select the Awaiting Payment tab.
  3. Open the credit note you want to refund.
  4. Scroll down to Receive a cash refund and complete the payment fields.
  5. Click Add Refund.

How do I reconcile a return in Xero?

You’ll need to reconcile this against the bank statement line for the refund paid. On the bank reconciliation screen, next to the bank statement line you want to reconcile, click Find & Match. Find and select the checkbox next to the credit that you want to match with the bank statement line. Click Reconcile.

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How do you allocate in Sage?

Match multiple payments or credit notes
  1. From Contacts, select the relevant customer or supplier.
  2. From the Manage drop-down, choose Account Allocation.
  3. Select the payments on account or credit notes you want to use.
  4. Select the invoices you want to pay.
  5. The Left to Allocate box at the bottom should be 0.00.
  6. Click Save.
Match multiple payments or credit notes
  1. From Contacts, select the relevant customer or supplier.
  2. From the Manage drop-down, choose Account Allocation.
  3. Select the payments on account or credit notes you want to use.
  4. Select the invoices you want to pay.
  5. The Left to Allocate box at the bottom should be 0.00.
  6. Click Save.

How long do credit notes last?

How long does a credit note last? A credit note is legally required to be stored for a minimum of six years, alongside the relevant invoices.

Can I get a refund if I paid by credit card?

If you bought the item with a credit card, you’ll get reimbursed in the form of a credit card refund. A credit card refund happens when you return a product you purchased using a credit card and get a credit to your account.

What is an AP check?

The Accounts Payable Check Request is used for payments on many types of services. Check requests submitted to Accounts Payable for payment must be signed by the contact person on line number 11 of the check request. The check request must also be signed on line 12 by an authorized representative of the department.

How do I mark an invoice as paid in Sage?

From the imported transactions page, click Match on the customer receipt. Tick the box next to the invoice or invoices you want to pay. If you are part-paying an invoice, change the amount in the Payment section to the amount that has been paid. Click Match.

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How do I make an invoice on Sage?

Go to Sales, and then click New Invoice.
…
To create a sales invoice
  1. Customer. Enter the customer’s name. …
  2. Invoice Date. Enter the date of the invoice.
  3. Reference. If required, enter a reference (for example, a customer order number).
  4. Main Address. If there is an address in the customer’s record, this appears automatically.
Go to Sales, and then click New Invoice.
…
To create a sales invoice
  1. Customer. Enter the customer’s name. …
  2. Invoice Date. Enter the date of the invoice.
  3. Reference. If required, enter a reference (for example, a customer order number).
  4. Main Address. If there is an address in the customer’s record, this appears automatically.

What is a credit note in Xero?

Credit notes are used to cancel out duplicate invoices, or to credit clients for incorrect invoices. If you’ve connected Practice Manager and Xero, your credit note will carry through to Xero. If you’ll be sending further invoices to your client, an alternative is to include a lump-sum discount on another invoice.

What is a suspense account Xero?

A suspense account is an account used to temporarily store transactions for which there is uncertainty about where they should be recorded. Once the accounting staff investigates and clarifies the purpose of this type of transaction, it shifts the transaction out of the suspense account and into the correct account(s).

How do I create a pastel tax invoice?

Creating Recurring Customer Invoices in Pastel Partner
  1. Select Process… Customers.
  2. Select the drop down at Document Type and select Recurring Tax Invoice.
  3. Select the Customer.
  4. Select the Date.
  5. Complete the rest of the Invoice.
  6. Select Next Document to create other Recurring Invoices.
Creating Recurring Customer Invoices in Pastel Partner
  1. Select Process… Customers.
  2. Select the drop down at Document Type and select Recurring Tax Invoice.
  3. Select the Customer.
  4. Select the Date.
  5. Complete the rest of the Invoice.
  6. Select Next Document to create other Recurring Invoices.

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