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'Cash coding overpayments to suppliers and customers' has been merged into this idea

Banking & chart of accounts: Reconciliation

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Cash coding - Overpayments

As an accounts practice, we are looking to reconcile bank in timely manner, and not particularly concerned about supplier payment allocations against particular invoices. Therefore we would like to see cash coding option for Advisor to allocate purchase invoice payments against supplier account as overpayment, as we would be reconciling supplier balances after bank is all allocated. We would then reconcile overpayments in each individual supplier account.

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Grita Donegan shared this idea  ·   ·  Report…  ·  Admin →
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  • Tina Cansfield commented  ·   ·  Report

    Please can this be expedited - we really need this functionality - I can't believe it has been nearly a year without this being addressed.

  • Tina Cansfield commented  ·   ·  Report

    Do we have an update as to when this functionality will be included by the developers yet?

    I still find it hard to believe that Xero is so behind QBO and Sage for this.

  • Tina Cansfield commented  ·   ·  Report

    Please can this be expedited - we really need this functionality

  • Laura Beattie commented  ·   ·  Report

    Allow bulk cash coding as an overpayment to a supplier so they appear on the aged payables list instead of having to do them individually through find & match.

  • Sally Sutton commented  ·   ·  Report

    We receive a lot of overpayments (payments on account). It takes a lot of time to reconcile these when they arrive in the bank. It would be good if we could use cash coding to bulk reconcile overpayments.

  • Grita Donegan commented  ·   ·  Report

    Thank you Helen, at the moment this is the only area that other software's has advantage over Xero. It would save us buckets of time if resolved.

  • Helen Aked commented  ·   ·  Report

    This would be really useful in business too. We have a lot of payments that come in from say Shopify or Paypal that need to be allocated against a single invoice. It would be quicker to mark them all as overpayments then allocate credits from within the invoice.