Forum Discussion

LisaMT's avatar
LisaMT
Contributing User
2 years ago

Contra between Supplier & Customer

Have a Supplier who is now also a Customer. How in Advanced do I offset the payment received from the Supplier with the open Customer invoice? I have a contra general ledger account setup and we us...
Will_H's avatar
Will_H
MYOB Moderator
2 years ago

Hi LisaMT ,

I believe you shouldn't need a contra account if you're using MYOB Advanced Business.

 

 

Both Suppliers & Customers are keyed off Business Accounts, you should be able to use the Business Accounts form CR303000 to extend an account to being both a customer and a vendor.

 

This might mean you need to do something to delete/merge your existing account.

Full help should be in product, I've pulled this infromation from the basic Acumatica documentation here: https://help.acumatica.com/(W(203))/Wiki/ShowWiki.aspx?pageid=f1222a9d-c179-40eb-8037-4eb238ececc3

 

Sorry I don't personally know much about the process for merging accounts in Advanced, that's never been an area I've gotten a lot of experience with.  Hopefully the above helps get your started though.

Looking for something else?

Search the Community Forum for answers or find your topic and get the conversation started!

Community home

Level up your skills using MYOB software.

 

Find help guides and technical solutions for all MYOB products here

Explore video tutorials for our software at the MYOB Academy here

 

Dig into MYOB Academy for free courses, learning paths and live events to help build your business with MYOB.