Forum Discussion

Infojaw's avatar
Infojaw
Member
3 years ago

Offset Supplier credit against Customer account receivable

We have a credit in an account for a Supplier whom we overpaid. They are also a customer and owe us in Accounts Receivable. We wish to offset the Supplier credit against what they owe us. We have a C...
LRBooks61's avatar
LRBooks61
Ultimate Cover User
3 years ago

Hi

For the purchase credit 

in the command centre tab ( top ribbon)select purchases and then settle refunds

 

receive the payment of the refund to the contra account

 

then make the payment of the invoice from the contra account

 

reconciling the contra account to ensure all matches

 

hope that helps

 

Lisa

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