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charliez's avatar
charliez
Trusted Cover User
6 years ago
Solved

Payment of Sales Invoice against a loan account

Hello,   We have an Asset account (Account Type: Other Asset) to record the money we have loaned to our parent company.   We also have some Sales Invoices to our parent company - but they won't p...
  • Mike_James's avatar
    Mike_James
    6 years ago

    Hi charliez , that's correct, and it increases the loan account, I was slightly confused in that I took from your first post that head office expected it to reduce.

Mike_James's avatar
Mike_James
Ultimate Cover User
6 years ago

Hi charliez , that's correct, and it increases the loan account, I was slightly confused in that I took from your first post that head office expected it to reduce.

charliez's avatar
charliez
Trusted Cover User
6 years ago

Yes, you're right; I was confused in my original post.  But it looks like we got the right outcome after all.  Thanks.

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