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How to maintain a receipt from supplier
Posted: Mon Jan 12, 2009 3:03 am
by mm_taha
I gave a suuplier a prepayment with 1000$ and he get me invoices with 8000$ so he give me a check with 2000$
I want to maintain this check in receivables so I can confirm , remit and clear it.
How can I do this ?
Posted: Tue Jan 13, 2009 12:12 pm
by oteixeira
Hello
Can you please elaborate your question? I do not understand the figures:
Invoices 8.000
Prepay 1.000
You still have to pay 7.000 to supplier. Why is he giving you a check of 2.000?
Octavio
Posted: Sun Jan 18, 2009 3:30 am
by mm_taha
sorry the prepayment was 10000$ and he give me 2000$ as a refund
Posted: Sun Jan 18, 2009 7:41 am
by niletra
hi
you give your supplier 10,000$(Pre Payment)
ok
now you have to take 2,000$ from your supplier
ok
what u can do in this condition
1.create invoice
in AP
8,000$ OK AND APPLY IT TO PREPAYMENT.
2.CREATE INVOICE IN AP
2,000$ OK AND APPLY IT TO PREPAYMENT
HERE IN DISTRIBUTION ENTER INTERMEDIATE ACCOUNT.
AND APPLY IT TO PREPAYMENT.
3.NOW CREATE A DEBIT MEMO IN AP AMOUNT = 2,000$ AGAINST STAND INVOICE ENTER THE SAME INTERMEDIATE ACCOUNT WHICH YOU ENTER IN STEP 2.
AND THEN TAKE THE REFUND OF 2,000$
OK
THANKS
NILETRA
Posted: Mon Jan 19, 2009 10:14 am
by mm_taha
hi NILETRA
Thanks for your replay.
I want to track this check in receivables,
I want to t confirm , remit & clear
Thanks