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AR Over & Under Payments

edited Dec 23, 2019 10:51PM in Accounting / ERP 3 comments

We are in a business where we have a high volume of sales invoices with relatively low value to each invoice (typically under GBP 50.00).

We accept payment by cheque/check or credit card.

A number of our cheque/check payments tend to create over or under payments versus the invoice. These tend to be very small amounts but again, there is quite a large volume of these.

What is the easiest way to write off or write back these small differences?

Thank you
Jon

:h_a_w:

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