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Thread: Pastel V12 - How do I transfer a customer balance to his supplier balance in pastel ?

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    Pastel V12 - How do I transfer a customer balance to his supplier balance in pastel ?

    Hi All

    I'm doing a pastel accounting course and would really appreciate some help on the question above
    thanks in advance
    Lee

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    I use pastel partner, but I guess its the same in all versions:

    You do two journals
    1) Credit the customer (leave the contra account as 000/000 or if it won't let you do that, create an arbitrary GL account called "suspense"). No VAT in the journal.
    2) Debit the supplier for the same amount, same contra account and also no VAT.

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    LEEM (03-Nov-14)

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    Thank you , tried that and it worked out perfectly

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