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Status Implemented
Categories Desktop & Hosted
Created by Guest
Created on Apr 8, 2019
Merged idea

This idea has been merged into another idea. To comment or vote on this idea, please visit RAB-I-127 Print a receipt when payment received from customer.

Ability to issue receipt for each payment made against a Tax invoice Merged

We are a real estate agency.

We raise a tax invoice on the seller for marketing expenses (lets' say $1,500).

These funds need to go into our agency trust acount.

Because the funds go into a legislated trust account (regulated by law), we are legally required to issue them with a receipt in a specific format for each and every deposit.

If they pay it in one lump sum, we need to to issue them a cominat receipt for that one payments.

If they pay the tax invoiuce via instalments, we have to issue them a receipt for each and every payment.

RECKON CAN'T DO THIS basic function.

If we receive it as a Sale Receipt (so we can issue a compliant receipt to the customer), it doesn't apply the payment against the outstanding tax invoice.

If I receive it as a deposit adn apply against the tax invoice, I can't issue a compliant receipt.

If I receive it as a tax invoice to issue the receipt, then delete it so I can apply it as a payment against the outstanding tax invoice, I'm breaking the law and risk losing my real estate licence.

You MUST solve this problem

Mike

 

 

  • ADMIN RESPONSE
    Mar 25, 2020

    This feature has been completed and is available in Reckon Accounts 2020 R1 Desktop (AU, NZ) and Reckon Accounts Hosted (NZ only).

    Reckon Accounts Hosted (AU) will receive the feature when the 2020 version is released. This is usually late June to coincide with the tax table / budget update, however with the current uncertainty around the Australian federal budget this release may be brought forward. All users will be notified if that is the case.

    Release notes: https://help.reckon.com/article/btnrvoe4yz