Question asked by A Clear Books user 11 years ago
I need to make a contra payment on the system where I have a sale which had a small amount deducted for a bill.
There is a bill and a sales invoice on the system already but I need to allocate it to the net amount which is on my bank import.
Help on how to proceed.
Hi,
Thanks for contacting Clear Books support.
If you haven't already, you can edit the contact in Sales > Customers or Purchases > Suppliers and under the pre-set information change them to a customer and supplier.
Next, you can create a bank account and call it Contra account. Settle the bill and invoice with this account and transfer the balance from the contra account to your business account or vice versa if you owe money.
All the best,
Vanish
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