How would I post monies returned by a supplier in the AP module please?
Here is the scenario
1. A pre-payment is made to the supplier for $100 which I enter as a manual payment
2. The invoice is received by the supplier for $90 which I enter as an Invoice through Transaction entry.
3. Since the amount of the invoice is less than the payment, the supplier returns $10 in cash to me.
How do I reflect this entry in GP to recognise that the supplier's balance is now zero and the physical cash I've received in the bank account.
*This post is locked for comments