Summary
What happens when you unallocate a payment and credit notes from invoices in Sage Accounting.
Description
When to unallocate payments and credit notes from invoices:
-
Edit or Delete an Invoice. When allocated to a payment or credit note
-
Incorrect Allocation. If you've allocated the payment or receipt incorrectly
How it works
Unallocating a transaction breaks the link between an invoice and a payment. Do this if you matched a payment to the wrong invoice or need to delete or edit it.
Once unallocated:
- Update the Invoice. Mark it as unpaid
- Save the Payment. Record it as a payment on account to match with another invoice
- Customer or Supplier Account. Keep the balance the same
- Bank Account. Maintain the same balance
NOTE: Unallocating a transaction doesn't remove it from the bank reconciliation.