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AFM-Acctg
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This doesn't show everything but you can create a report for each payment. 

1. Open the payment

2. Click REPORTS tab

3. Click Transaction History

4. Print (can't be exported to excel, but Adobe can convert)

 

This report shows all invoices paid with that payment. Closest report I've found that shows how payments were applied. Hope it helps someone. FYI I use QB desktop.

 

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