Payables - Receivables

Business Central/NAV User Forum
1

How can I manage this scenario:

I have a Vendor from who I owe money and also who invoice me also money. How can I manage that in NAV? There are 2 invoices: one that I owe to the vendor and one that the vendor owe me.

What is the best way to see how much money I have to pay or the vendor has to pay to me?

Thanks.

2

Hi Taty,

I would normally setup the vendor as a customer to keep your sales correct and then you can contra journal between accounts.

3

Thanks Dave.

How do you follow all amounts into NAV?Please explain the steps.

4

If, in agreement with the vendor/customer there is a decision to offset then this is simply a general journal with one side the customer, the other the vendor - just post a general journal in this manner and you will see.

5

mnyea… But doing this will prevent you from using purchases. Our solutuon is a batch, that reads all customers and then vendor wih same Id (No). The account nearest 0,00 will be posted to 0,00, using the other account a balance-account.

6

I am pretty sure he means to set them up as a Customer AS WELL as the Vendor, it goes without saying that you still need the vendor card.

7

Hi All,

Yes, I meant to setup an account on both ledgers [:$]

8

Hi Dave,

Thanks for your response. I will try it.