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WindsorGardens
Oct 10, 2022 11:30 AM UTC
Solved

Can I use a credit balance on one supplier against a debt on another (their payments are made to the same parent group)?

The companies were bought out by the same parent. I receive invoices from the original companies, but payment is made to the parent and I have the same customer account number with both.
WindsorGardensAnswer
Oct 10, 2022 3:27 PM UTC

Thanks Ashleigh, I hadn’t thought of doing that. 

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2 replies

Ashleigh1
Oct 10, 2022 3:03 PM UTC

Hello WindsorGardens, 

 

Welcome to the Community page, 

 

It is not possible to do this in QuickBooks, as you can't apply the payment from a certain supplier to a different one. However you could use a journal entry to move the credit balance over to the other supplier. You would select the journal when making the payment for the bill. If you are not sure how to do the journal we would advise you speak to an accountant who will be able to advise you on what to enter in. 

WindsorGardensAuthorAnswer
Oct 10, 2022 3:27 PM UTC

Thanks Ashleigh, I hadn’t thought of doing that. 

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