Offset Supplier bill against Customer invoice
I have a customer who is also a supplier and wish to offset his invoice with a bill we owe him. How can I do this?
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dOCugCT3qr4iKgacwZ5xHE
07/26/11 3:49am PDT
Viewed by asker 07/26/11 5:18am PDT
Viewed by asker 07/26/11 5:18am PDT
2 Replies
Graceman
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AllStar UK
Advisory council of community power users within the UK.
Allstar
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Intuit Moderator
Mod/Co-mod
07/26/11 3:55am PDT
create a bank account called Contra now take the lowest value transaction and pay/receive to this bank, then you can pay/receive from this bank to part pay/receive, the other side. Balance remaining is cleared using normal routes.
Contra bank should always be zero
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