Amount invoiced is different from the actual cash recieved

ADBSADBS Member Posts: 1

I don’t know how to account for a difference between cash received and the invoice amount. I invoiced my client an amount to pay, because it’s a wire transfer from another country, the actual amount is reduced by a bank charge. When I record the cash received against the invoice, there’s still an outstanding balance on the invoice. I’m not sure how to “close out” the invoice and also record the bank charge.


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