FrontAccounting forum — How can I transfer a customer payment from customer A to customer B?

Re: How can I transfer a customer payment from customer A to customer B?

null@example.com (kevinleebr) — Mon, 22 Aug 2016 05:53:41 +0000

Thank you so much. Just implemented it and seems everything is fine now.

Re: How can I transfer a customer payment from customer A to customer B?

null@example.com (apmuthu) — Sat, 20 Aug 2016 01:57:25 +0000

Then have an intermediate Suspense / Cash account to do so:

# Dummy Cash Deposit
By Customer A Credit $ 3000
To Cash / Suspense Dr $ 3000
# Dummy Contra Refund / Customer B "payment"
By Cash Credit B $ 3000
To Customer B Debit  $ 3000
# Now allocate from Customer B's "payment" to his Invoice.

Re: How can I transfer a customer payment from customer A to customer B?

null@example.com (kevinleebr) — Thu, 18 Aug 2016 07:50:48 +0000

apmuthu wrote:

You can allocate customer payment to only their own bills in FA.
To allocate one customer's payment to another's bills, pass a journal voucher:
By Customer A Credit $ 3000
To Customer B Debit $ 3000
The above must have supporting documents from both parties agreeing to the above transfer on your books of account.

Then allocate the $3000/- from Customer A to their own bill.

I tried to figure it out in these few days, but still cannot find the way out. In "Journal entry", I can only choose "Debtors control account", I know that all payment from customer are recorded in this account. But I can't select/specify a customer in "Journal entry". Could you give me some hints? Thanks a lot.

Re: How can I transfer a customer payment from customer A to customer B?

null@example.com (kevinleebr) — Thu, 11 Aug 2016 04:39:59 +0000

Thanks a lot for reply.

How can I issue a journal voucher to credit Customer A and debit Customer B? Do you mean to enter this in "Journal Entry"? But I don't know how to specify the account code to credit Customer A and debit Customer B in "Journal Entry". Would you give me some hints to implement this? Thank you so much.

Re: How can I transfer a customer payment from customer A to customer B?

null@example.com (apmuthu) — Wed, 10 Aug 2016 14:20:26 +0000

You can allocate customer payment to only their own bills in FA.

To allocate one customer's payment to another's bills, pass a journal voucher:
By Customer A Credit $ 3000
To Customer B Debit $ 3000
The above must have supporting documents from both parties agreeing to the above transfer on your books of account.

Then allocate the $3000/- from Customer A to their own bill.

How can I transfer a customer payment from customer A to customer B?

null@example.com (kevinleebr) — Wed, 10 Aug 2016 10:01:51 +0000

Hi all,

The situation is like this. I have two customers, they are good friend.

Customer A have balance amount need to be settled to me. Just say $3000.
Customer B always leave some credit to our bank account for future order use. Just say I have US$10000 from him not yet allocated.

Customer B would like to cover the $3000 of Customer A by debiting his $10000.

How can I implement this in Front Accounting correctly?

Hope to have someone to help me on this. Thanks a lot.

Kevin