We are experiencing vendor payments made through a Payment Journal appearing as a negative deposit when reconciling. I’m trying to pin-point why this might be occurring. We typically process vendor payments through QuickPay, but when we are paying multiple invoices with one payment, we use the Payment Journal. In the Payment Journal we do not use the balancing account since we are paying multiple invoices.
Edit to include - It appears that transfers between bank accounts have a similar issue. The withdrawal also appears as a negative deposit. These are processed through the cash receipts journal.
Any thoughts?