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WTPL's avatar
WTPL
Member
1 year ago
Solved

Invoicing question

Hi.. I am trying to set up my first invoice for payment. I have the items set for what we 'sell' but I need to set up a item for what we 'buy' so that the invoice balances out with the total due bein...
  • Princess_R's avatar
    1 year ago

    Hi WTPL,

     

    Welcome to the Community Forum!

     

    To set up an invoice that reflects both sales and purchases, the first thing you need to do is ensure that the items you sell and buy are set up correctly in your system. Then, record an invoice for the items you sell and a purchase for the items you buy as you normally do. As for managing your payments, you can offset your outstanding customer and supplier invoices by recording a contra payment.

     

    Cheers,

    Princess