πŸ“ Clearing Vehicle Debtors/ Creditors Balance - Cashbook Postings Guide

Ellie
Ellie
  • Updated

Question

Vehicle has outstanding Debtors/Creditors on the stock card that need to be cleared.

These balances will prevent you from deleting a supplier order. 

How can I resolve this? 

Answer

To clear the balances you will need to do one of the following postings in Cash Book. You will need to do a posting that is relevant to the stock card's balance.

 

Vehicle Debtors

Adding a CREDIT to the VEHICLE DEBTORS:

Accounts - Cashbook - Receipts - Receipt with a Type of 'Customer' or 'Finance'.

Adding a DEBIT to the VEHICLE DEBTORS:

Accounts - Cashbook - Payments - Vehicles - Payment with a Type of 'Customer Refund'.

 

Vehicle Creditors

Adding a CREDIT to the VEHICLE CREDITORS:

Accounts - Cashbook - Receipts - Receipt with a Type of 'Refund'.

Adding a DEBIT to the VEHICLE CREDITORS:

Accounts - Cashbook - Payments - Vehicles - Payment with a Type of 'Supplier'
Accounts - Cashbook - Payments - Vehicles - Payment with a Type of 'HP Company'
Accounts - Cashbook - Payments - Vehicles - Payment with a Type of 'License CB'