How do I apply a customer credit to Supplier Invoice

Question

I have company with a supplier and and Customer card, I have created a customer invoice, the company have since decided they will not be making payment for the invoice, they have put a credit on our supplier card account, how do I deal with this in MYOB?

Tracey_H · Accepted Answer

Hi @Mish2020

Thanks for your post. The situation you are describing is referred to as a contra between your business and your supplier. This help article has the step-by-step instructions for creating a contra account and recording contra transactions: Dealing with a supplier who is also a customer

Please let me know if you need further help.

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