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Old 03-14-2012, 02:09 PM
Kimm67 Kimm67 is offline
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2 separate data file companies/1 check received/invoice in 2 companies

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Hi All...

We have 2 separate companies in Quickbooks (2 sep data files) - a customer pays 2 invoices with 1 check. I have entered the total pmt in under the company that I made the deposit for. How do I split the payment out to apply to the other company's invoice?

I have been entering and then refunding, and then doing a CM on the other company, but this keep throwing off my bank recs and am not sure how to go about doing it any other way. Help pls!!
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Old 03-14-2012, 08:47 PM
cojhl2 cojhl2 is offline
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Well right or not,, I have the same problem and I solve it by making one company a Customer of the other and also one company a Vendor of the other. It's cross linked..

Then when once check check comes in i deposit it into whichever company and receive a bill from the other. Then on the other create an invoice.

Once a quarter or so I go thru and pay each side off by writing a check and doing an internal transfer at the bank level.

It's a lot of bouncing around and you gotta keep notes as you are doing it but in my case it works.
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Old 03-15-2012, 09:30 AM
Deidre56 Deidre56 is offline
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see my response on your other post.
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