I have a customer that buys product from me all the time.
They pay me once a month by electronic transfer.
This customer is also a vendor of mine, bu they buy much more from me than I do from them.
So, when they make the electrionic transfer to me each month they off set the amount I owe them and then electronic tranfer the net amount to me.
I see three possible ways to record this in QB Pro Desktop 2018 for this and I would like some advice on which is the best choice.
1-Create a bill from my customer and then pay it by offset againt one of my invoices to my customer. Is is possible to do this.
2-Set up my customer also as a vendor, but I would like some guidance on how to offsit my A/P to them against my A/R from this customer.
3-Create a negative sales invoice (if that is possible) to my customer for the monthly offset amount then mark itr paid.
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