41 invoices paid twice
The same payment counted twice inflates income and the GST on it. Each one found with the bank line that settled it.
0:46 · captions on · Duplicate invoices
Transcript
How many of your invoices have been counted as paid... twice? In one Sydney business's books, the answer was forty-one.
Real income, plus a phantom copy of it — doubling the same money. A duplicate invoice counts the same payment twice — so your income looks bigger than it is, and you can end up paying GST and tax on money you only earned once. Reconcile catches each one, with the single bank line that actually settled it.
Every duplicate comes with the evidence behind it, so you — or your accountant — can check the work before anything changes. On a read-only copy. Your live books are never touched.
Run the free diagnostic at reconcile. extrua. com.
au/start.
