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applying ap we owe to an AR invoice

  • 1.  applying ap we owe to an AR invoice

    Posted 19 days ago
    Hello,

    We sold an asset to one of our vendors. We had some invoice outstanding to them. In addition to cash we received we are not paying our outstanding invoices.
    They need us to invoice them for the sale of the asset.
    Is there a way to have the billing we do wipe out the payables that we owe to them?

    Thanks,
    Chris Hecht

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    Chris Hecht
    eMagin Corp
    Hopewell Junction NY
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    Academy - Online Interactive Learning from Experts


  • 2.  RE: applying ap we owe to an AR invoice

    GPUG ALL STAR
    Posted 11 days ago
    Hello Chris,

    The best way to do this would be to setup and use: Customer Vendor Consolidations. This requires some setup. Let me know if you want more information. (I have worked with your team before. Let me know if I should reach out to my contacts at your office).

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    Amber Bell
    Training Dynamo LLC
    Email: amber@trainingdynamo.com
    Website: www.trainingdynamo.com
    Twitter: @trainingdynamo
    ------------------------------

    Academy - Online Interactive Learning from Experts


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