Good day,
One of my clients have paid money in my bank account, which needs to be allocated directly to a supplier account as the service being offered to the client is directly through the supplier i make or gain nothing from this particular transaction, the supplier invoice will be captured in the my books, so i have the money reflecting on my bank statement, but i cant in my cash book assign it directly to the specific supplier account as a debit from the cash book receipts.
I have tried capturing it as a sundry income and then allocating it to the supplier through the supplier journal but that did not balance out the sundry income account and i tried the exact same but with the sundry expense account but had the same issue.
Should i being doing a general journal entry?
Any advise welcome
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