The Book-keepers Forum (BKF)
The Book-keepers Forum (UK) -> General Book-keeping & Accounting -> How to clear a customer account on sage which has a credit balance
Post Info TOPIC: How to clear a customer account on sage which has a credit balance
NA_AA


Guru

Status: Offline
Posts: 501
Date:
How to clear a customer account on sage which has a credit balance
Permalink Closed

I want to move a credit balance from a customers account and move this to an 'internal clearing factoring bank account'

Is this possible?



__________________

Thanks, Nadia.
MarkS


Expert

Status: Offline
Posts: 1501
Date:
Permalink Closed

Raise a dummy sales invoice and post to 9999.  This will clear the customer account.

Then raise a bank payment from the "internal clearing factoring bank account" to account 9999.

Postings will be

Dr Debtors     £x

Cr A/C 9999             £x

Dr A/C 9999  £x

Cr Factoring bank    £x

Regards

Mark



__________________

Mark Stewart CA

http://stewartaccounting.co.uk/

Providing accounting, bookkeeping, payroll and tax services to small and medium sized businesses across Central Scotland and beyond.
NA_AA


Guru

Status: Offline
Posts: 501
Date:
Permalink Closed

Mark, you are a star!!!

smile



__________________

Thanks, Nadia.
Page 1 of 1  sorted by
 
Quick Reply

Please log in to post quick replies.
The Book-keepers Forum (UK) -> General Book-keeping & Accounting -> How to clear a customer account on sage which has a credit balance
Tweet this page Post to Digg Post to Del.icio.us
Members Login
Username 
 
Password 
    Remember Me  
©2007-2024 The Book-keepers Forum (BKF). All Rights Reserved. The Book-keepers Forum (BKF) is a trading division of Bookcert Ltd. Registered in England Company Number 05782923. 2 Laurel House, 1 Station Rd, Worle, Weston-super-Mare, North Somerset, BS22 6AR, United Kingdom. The Book-keepers Forum and BKF are trademarks of Bookcert Ltd. This forum is a discussion forum only. There will usually be more than one opinion to any question and any posting should not be viewed as a definitive solution. No responsibility for loss occasioned to any person acting or refraining from action as a result of any posting on this site is accepted by the contributors or The Book-keepers Forum. In all cases, appropriate professional advice should be sought before making a decision. We reserve the right to remove any postings which are offensive, libellous, self-promoting or engaged in covert marketing. We will not notify users of removals. The views expressed in the forum posts are those of the individual and do not necessary reflect or agree with those of The Book-keepers Forum. Any offensive or unsuitable posts will be removed by the moderators. Any reader of this forum can request for a post to be looked into by sending an email to: bookcertltd@gmail.com.

Privacy & Cookie Policy  About