Arranging Contra Payments

Arranging Contra Payments transactions are required when a Client is also a Vendor, and you wish to offset either a debtor balance or a vendor balance against each other. 

To pay a Client:

  1. Create a Client Journal (CJ) and apply it to the Suspense account. 
  2. Go to Accounts > Payables > Money Payment and do a Money Payment (MP) from the Suspense account to your client.

To pay a vendor is the reverse of the procedure outlined above.

You can review our Blog and YouTube channel for additional information and resources on SapphireOne ERP, CRM and Business Accounting software.

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