I deliver and invoice to two accounts at different addresses.
These are both owned by the same company with a central accounts department - which put both premises onto their system onto one account.
On 01/01/2010 I wish to take the balances on my system and place them into a newly named account so reconciling the account becomes easier (with their ledger).
So say a/c number 1 has 6 invoices totalling £300 and a/c number 2 has 5 invoices totalling £200 can I transfer these into a new account (a/c number 3) with a b/f balance of £500 - and if so how is it done.
Many thanks for your assistance.
Keith.
Hi Keith,
Yes, you will need to raise two credit notes - one for £300 and one for £200. Apply the credit from each credit note to all the old invoices. Finally, create a new invoice for £500 for the new amalgamated customer.
Regards,
