Supplier Credit
Posted: 21 Aug 2008, 11:21
We were recently given a credit note by one of our suppliers as compensation for a problem we had with them. The credit note was entered onto their supplier account as we assumed this would be used up with future invoices. We since received a cheque for the credit amount and this was posted onto the bank as a bank receipt and subsequently the bank reconciled.
We still have the credit amount on the supplier account – any ideas on how we get rid of this without affecting the bank account?
Using Sage Line50
Many thanks
We still have the credit amount on the supplier account – any ideas on how we get rid of this without affecting the bank account?
Using Sage Line50
Many thanks