Do a Payment Cheque with a Previous Credit

In the purchase journal I have a supplier invoice to pay as well as a previous credit that I posted for goods returned back to supplier.

Here, I have posted the invoice that needs to be paid.

Purchase Journal










The credit posted last month due to the product that was returned to the supplier.

Purchase Journal posting a credit










Notice the credit beside the $300.00. looks like this. -300.00.

The net balance in the Payment Journal should be $700. payable to supplier.

Now lets go to the Payment Journal and see if it worked.

Payment Journal with Credit








The net payable is $700.

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