Reversing old Creditors

 

Occasionally your client might pay a creditor directly without your knowledge, you might receive a credit note or you might accidentally allocate your withdrawal to a GL code / file rather than the creditor which leaves you with an outstanding invoice.  Often it is not practical to delete the invoice as this will affect old balances.

 

You can enter a miscellaneous withdrawal with two lines – one to clear the creditor invoice and a second (negative) allocated to the relevant client file / GL code as per the screen shot below: