With the new update, how do one process payment of multiple invoices from one deposit?
Hi @Frans! Thanks for reaching out. I do believe that I was chatting via FaceBook with you earlier on today and we were able to resolve the issue there. If I'm mistaken, definitely let me know and I will be happy to help!
Could you please put the solution here as well? I'm having the same issue.
The original post doesn't seem to have anything to do with overpayments. I wound up here because I was searching for the correct way to record one bank deposit consisting of multiple payments (checks and cash) for multiple invoices.
When a payment comes in, we go to the appropriate invoice and click "Record a Payment". Of course we don't run to the bank for every single payment, so we are doing the same for several payments before making one deposit at the bank.
As best that I can decipher, we should be recording these cash & check payments to the "Cash on hand" account as described here: https://community.waveapps.com/discussion/2828/large-deposits-of-cash-and-cheques#latest
I'm pretty sure that was what the OP was asking here.
"With the new update, how do[es] one process payment[s] of multiple invoices from one deposit?"
If not, my apologies here. Either way, some clarification on handling multiple payment deposits would be great. Thanks!
Hey @Seanbty, thanks for reaching out! If you have a large bank deposit transaction that covers multiple invoice payments, you can split the transaction and categorize each split as Payment Received for an invoice in Wave, your unpaid invoices will appear and a list and selecting them will mark them as paid. I hope this helps, please let me know if you need anything else.