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Reconciling transactions with different signs
Reconciling transactions with different signs
Rocío avatar
Written by Rocío
Updated over a week ago

In case the balances of your invoices do not match, before reconciling, it is important that you are able to clear the invoices to avoid errors, whether they are original invoices or corrective invoices.

If, for example, you have a transaction that includes a purchase and a credit memo or a sale and a return together, you will need to reconcile the transaction by following these steps. This way, you will avoid unintentional errors and your accounting will be consistent.

To reconcile movements with different signs, you have to match those invoices whose payment or collection has not been indicated in your bank account with those that have the same sign as the movement.

If, for example, you have ten sales invoices and one return invoice, you will match a return invoice with a sales invoice. That way, the record will be consistent.

To match an invoice, a movement and to be able to reconcile, you have to:

  1. Select the original invoice to clear from the list of invoices.

  2. In the pop-up window, click on Add payment.

  3. Click on the magnifying glass icon.

  4. Select the amendment sale that you have previously generated.

  5. Click on Confirm.

Once the invoices have been cleared, the outstanding amount of the invoices will be included in the movement and will match the amount of the movement.

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