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GoldenROM
08-16-2001, 08:00 AM
Problem is as follows:

I have a Customer that is also a Vendor. We have open invoices in AP and open invoices in AR for the same company that cancel each out. Is there a way to post them against each other without having to create separate credit invoices/POs? I don't want to do that because I do not want the credit invoices to affect my sale numbers for the period.

Diane Koers
08-17-2001, 05:47 AM
Create a receipt to pay the AR invoice, but instead of the cash account, post it to a Suspense account ( I use 999 as my suspense account).

Create a payment to pay the AP invoice, but again, instead of hte cash account, post it to a Suspense account.

This clears both transactions without affecting the checking account or the sales or expense accounts.

GoldenROM
09-18-2001, 01:14 PM
Thanks for your help Ms. Koers!