Charge one customer (Company A) for another customer’s invoice (Company B)

 

·        Create Invoice for Company A, this will result toGL impact:

Dr. Accounts Receivable – CompanyA

Cr. Sales

• Accepts customer deposit from Company B, this will result to GL impact:

Dr. Cash

Cr. Customer Deposit – Company B

• Create a journal entry that will offset the two and thus allow application of payment and deposit on both companies:

Dr. Accounts Receivable – CompanyB

Cr. Accounts Receivable – CompanyA

• Navigate to Transactions > Customers > Accept Customer Payment

Customer: Company A

     Apply credit (journal) on credit tab against the invoice on invoice tab

     Customer:  Company B

     Apply deposit on deposit tab against the journal on invoice tab