Manage Suppliers and Expenses for
Recently active
Original commenter did not share additional details
Hi I am trying to record the following scenario: I have several ATM cash withdrawals from the bank account. I need to offset these against a supplier invoice I have received after the fact. The supplier was paid cash in advance of receiving the invoice. I cannot find a way to show the outstanding invoice as being settled by the advance ATM withdrawals? Any help appreciated ThanksMark
Hi, Due to COVID I've agreed longer payment terms with suppliers but as I'm coming to the end of my accounting period I need to record these as current liabilities as a creditor. I can't find a way to record a creditor without recording it as an expense. As it's a Ltd company I have no option to do cash based accounting but when I try the system just asks me to upgrade, is this not possible on the simple start plan?
