Cancelling out unallocated receipts and unallocated payments
Problem reported by Paul Barnes 4 years ago
We paid a supplier in advance for some goods. I placed the payment in unallocated payments. The bill for what was actually supplied was less than the payment. So I entered the bill and allocated payment, leaving a balance of £369.36 in unallocated payments. The supplier then reimbursed the £369.36, which is now sat in unallocated receipts. So I have the same company with the same amounts in both unallocated receipts and payments - so the 2 net each other off.
What is the best way to clear these 2 off the system?