Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
I can definitely help you with that, hariprasad.
You can create a journal entry and then apply it to transfer the credit from one customer to another. I'll show you how:
Once done, follow these steps to apply the credit:
After that, the credit will be removed from the customer you are transferring the money from. You may now use it to reduce the customer's current balance.
Additionally, take note that the adjusting entry you've created won't show in the A/R Aging Summary report. However, it will reflect in your A/R Aging Detail since this is a transaction-based report.
I've also included some articles below to help speed up the reporting process in QuickBooks:
If I can be of any additional assistance, please don't hesitate to leave a comment below. I've got you covered.
How can we remove it from AR Aging detailed report.
Welcome back to the Community, hariprasad.
As mentioned by my colleague, the A/R Aging Detail is a transaction-based report. That’s why the adjusting entry created will still show on the report and we’re unable to remove it.
Here’s a link that provides information on how QuickBooks generates reports. From there, you’ll be able to identify the source and targets of a statement.
The article is from the desktop version, but it also applies to QBO. Click here to view the complete details and go to the How QuickBooks generates reports section.
For additional resources, this guide will walk you through the process on how to build and personalise the data on the following: Run an accounts receivable ageing report.
Stay in touch if you have other concerns or questions. I’ll get back to answer them for you. Have a great rest of the day.
You have clicked a link to a site outside of the QuickBooks or ProFile Communities. By clicking "Continue", you will leave the community and be taken to that site instead.