20-01-2021 01:29 PM - edited 20-01-2021 01:30 PM
We have received lots of feedback about completing the Enhanced Settlement Summary, when you are acting for both sides of the transaction.
The main causes of friction being:-
One workaround that I have found very quick useful is to do the following:-
This will "0" your Vendors Summary on the right hand side of the ESS, and request the remainder from the incoming bank etc.
This example shows the Vendor Funds only under the vendors destinations, with all other payments under the purchasers destinations, and the summary correctly advising the incoming bank how much to provide.
Any questions, just call!
Thanks - Matthew.