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Old 05-19-2017, 01:43 AM
Abid Saeed Abid Saeed is offline
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Join Date: Apr 2014
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More Thank One A/P or A/R not allowed in one Transaction

Hi,
I canít enter more than one A/P or A/R accounts in one entry, how I can make transactions which involve two A/P or A/R accounts.
e.g. A/P Mr. A and B
MR. A paid 200K to MR. B on behalf of our company.



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  #2  
Old 05-20-2017, 11:07 AM
Joe Williams Joe Williams is offline
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Per your example, Mr paid Mr B for items your company ordered and received.
Your company DOES NOT owe Mr B for those items.
You have two options, 1 setup Mr A as a vendor and enter a bill for the items he purchased for the company, 2 Enter the bill from Mr B for those items and then on the Expense Tab set Account to a liability account for Mr A with the amount set to a negative amount to zero the net of the bill. This sets the liability to the amount of the LOAN Mr A made to the company.
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