Skip to main content

Understanding Re-Pay

See below to understand how to handle re-pay's in Confido

C
Written by Cassie Crail
Updated over 2 months ago

  1. First, setup default debit and credit accounts

    1. Select Settings on the left hand nav

    2. Select GL Accounting Customization

    3. Scroll to Re-Pay Settings

      1. Debit Account: Must be A/R

      2. Credit Account: Any accounts you'll post to

  2. If we can identify that the line item check is a Re-Pay we will classify it as such

  3. Otherwise, you can update the type to Re-Pay

  4. The default settings will populate, but you can modify the accounts

  5. Click Save or Push to GL

  6. A Journal Entry will be posted and linked to the payment

    1. Note: Please notify Confido team if you have JE approval workflow in ERP

Did this answer your question?