How to Reconcile an Invoice Payment on LSS and the Accounting Platform | Scribe

    How to Reconcile an Invoice Payment on LSS and the Accounting Platform

    • 18 steps |
    • 2 minutes
      1
      Navigate to Brokerage Engine.
      2
      Click "Accounting"
      3
      Click "Reports"
      4
      Click "Subledger Reporting"
      5
      Click "Invoice Reconciliation"
      6
      The Report shows an Invoice that has a "Paid" Accounting Status, but is described as "Overdue" in the LSS platform.
      7
      Click on the Accounting Amount field to be taken to the Invoice in the Accounting platform.
      8
      The Invoice has a recorded payment made in the Accounting platform.
      9
      Navigate back to the Invoice Reconciliation Report and click on the LSS Amount.
      10
      The Invoice shows as "Open" on the LSS side. A payment cannot be recoded, since it already has been on the Accounting platform.
      11
      Click the arrow to display the dropdown menu.
      12
      Click "Mark Paid"
      13
      Click "-- Select Reason --"
      14
      Click "Mark Paid - BE Accounting". This will mark the invoice paid without creating a new payment.
      15
      Click the "Comments" field to add a memo.
      16
      Click "OK"
      17
      Click "OK"
      18
      The Invoice Reconciliation Report will now show the LSS Status and the Accounting Status as "Paid".