DESKTOP EDITION CLOUD EDITION SERVER EDITION GUIDES FORUM

Possibility to knockoff the debits and the credits in suppliers account


#1

Sir

i have few debits and few credits which in totally tallies… i wish to knock them off and show the credits as fully paid…

is it possible to knock that way???

thanks


#2

No, you can’t cancel transactions out, they always remain as individual items. The running balance shows the effect of the debits and credits.


#3

Dear Brucanna

i am not at all asking for cancelling… i am talking of both the credit and debit entries to knock off against EACH other… so that the invoice will not show as outstanding…

regards


#4

this happens automatically when you make a receive money transaction in case of customers or spend money transaction in case of suppliers by selecting the Accounts receivable or Accounts payable respectively under the account column and selecting the proper customer or supplier.


#5

Dear Sharp

I understand what you are saying…

i will give you an example…

i have a credit in my Credit card now this credit has to be adjusted against the debits of the card… how shall i do it…

thanks for the reply
regards


#6

Then you process the credit to the same chart of account as the debit.


#7

Dear

the credit is in the same ledger account where the debit also lies…

which and how to do it


#8

it would be better if you can post few screenshots of what you are trying to do.