I wondered how I should process this in SAGE. I have cash sales for a car but some have been used to pay off a loan and haven't touched the bank. How do I show in the customer invoices that they have been paid off but the money has never gone into the bank and gone straight off to pay a loan?
Set up a cash account in the bank accounts. Enter receipt for cash received and pay off loan from cash account. Any of the cash paid into the bank goes as a transfer to the bank account from the cash account. That's how I deal with cash anyway.
