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Fix overpayment from months ago

Sam1234Sam1234 Member Posts: 1

A client of mine overpayed me by a small amount in December. I split that payment between the invoice they were paying me for, and a "Customer Credit Balance" account under my liabilities.

I realize the easiest thing would have been to just count that towards the next invoice, but instead I gave them a discount equal to the amount on their next invoice.

Now I realize months later I still have that outstanding liability account balance, even though I actually squared up with them via the discount.

How can I resolve this? Can I fix this through journaling? I don't really understand journaling, I don't have a finance background.

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