Maconomy Essentials End User Guide

Reconcile Payments in a Journal

Use these steps to reconcile payments in a journal.

To reconcile payments in a journal:

  1. Under the Accounts Receivable menu group, go to Collections > Reconciliation > Customer Open Entry Reconciliation.
  2. Toggle on the Show Lines option to display the open entries in the A/R Entries table.
  3. In the T/P column, select Totally if the invoice has been paid in full or specify the partial amount to be applied on the invoice in the Reconciliation field.
  4. Click Save.
  5. When you have applied the total payment, the Difference, Base field in the Reconciliation Information card should be zero.
  6. Click Approve Reconciliation.
  7. Click Mark All for Reconciliation.
    This action selects all outstanding invoices for a client to be reconciled against that payment. The Mark All for Reconciliation will not recognize partial payments.