Topic: Customer credit amount transfer

Is there a way that one could transfer a credit amount from one customer to another customer?

For example, if the customers are related companies, and Company nr 1 have a credit amount and company nr 2 have an outstanding debit balance. The customer gave written permission to allocate Company 1's credit to company 2.

Will appreciate your help since the normal Journal entry are not capable of doing that, since it does not post to specific customer only to the Debtors Control Account.

Wynand

2 (edited by seahawk 02/16/2021 02:39:38 pm)

Re: Customer credit amount transfer

I could not find anything in the forum search but did found an answer on a google search on the following topic:
https://frontaccounting.com/punbb/viewtopic.php?id=6408

Worked great.

Thanks apmuthu.

Wynand