AP Final - How to rectify missed bill payment reconciliation entries

Scenario:

• When a bill has been paid by Parakeet but the FINAL AP CLEARING account entry were not created
• Some causes include:
  • Discrepancy between Account Codes recorded in Xero vs in Parakeet
  • Parakeet AP Final Clearing Account was 'Locked' (closing books)
  • Xero Limit issues "Too many requests have been made in the given timeframe"

1. Create a "Transfer Money" from Parakeet AP Final Clearing  to Parakeet AP INTERIM Clearing

• Select 'Transfer Money' as per below

2. Enter details of the missed entries provided to you by Parakeet

• IMPORTANT: Please ensure the correct amount is selected as per below
  • From field: Select Parakeet AP Final Clearing Account
  • To field: Select Parakeet AP Interim Clearing Account
  • Amount and date of the missed entry(s)
  • Click 'Transfer'

3. Mark it as 'Reconciled'

• In Parakeet AP FINAL Clearing Account
  • Find the transaction
  • Click and then 'Mark as Reconciled' 

• In Parakeet AP INTERIM Clearing Account
  • Find the corresponding entry
  • Click and then 'Mark as Reconciled'