We use cookies to help make this website better, to improve our services and for advertising purposes. By accepting this message or continuing to browse our site you agree to accept cookies.

Knowledge Base Getting Started Frequently Asked Questions Webinars

Pay off multiple invoices with one payment

This article explains what to do when you receive a single payment from a customer that pays off more than one invoice.

Navigate to the bank transaction that shows the full amount that your customer paid you.

KB-B-EBT-PMIOP-01-Final.png

From the ‘Invoice’ drop-down, select the first invoice to be split out from the transaction.

KB-B-EBT-PMIOP-02-Final.png

Select ‘Explain Transaction’

KB-B-EBT-PMIOP-03-Final.png

FreeAgent will then create a transaction on a new line for the amount of that invoice. You can repeat this process until all the invoices for that payment have been split out.

KB-B-EBT-PMIOP-04-Final.png

It's fine to have multiple entries explaining a single transaction like this - the only important thing is that the transaction is fully explained.

Did you find this article useful?