About Vendors and Customers
I attempted to write this question previously just now but it included using a chain of digits several times to illustrate the appearance of ACH payments I receive as deposits into my business bank account. When I tried to SUBMIT this question, this site rejected it saying it would not allow personal information, including telephone numbers and social security numbers to be included in a question.
I will try again but avoid using the chains of digits to illustrate the problem, Simply stated:
I receive electronic ACH payments from companies in which their deposits show up (on paper and electronically) in my bank account as a literal name e. g., "Company No. 1" followed by a string of digits, as many as 6 to 12, sometimes remaining the same but more typically varying continually almost every time I receive a payment. This is true for multiple customers. When I try to load these statements into my QB register, QB interprets each entry, with its differing suffix of digits, as a different customer and asks for the setting up of each as a new customer with a unique name. For some companies this would lead to an endless proliferation of differently-named customers who are all really the same customer. I'm aware that one can use aliases to point multiple names to one single name, and I'm aware one can merge accounts into a single account. Neither of these methods holds much appeal when repeated many times. Similar problems happen (albeit much less often) with vendor names. Is there a better solution to this problem?