Banking - Create Customer & Supplier refunds when reconciling
There should be an option on the bank reconciliation to do customer & supplier refunds instead of having to go into individual credit notes, posting a refund then matching the transaction in the bank reconciliation! This is just duplication of effort
Hi Chelsea, it'd be good to understand more of your buisiness process or use case when issuing customer or receiving supplier refunds.
Would this generally be for return of good? Or overpayment?
Reason being, you can currently create an overpayment when reconciling in Xero. Then when the statement line for the return of the funds comes into your bank feed this could be matched with the previously created Overpayment - More on this here