Clear invoice with a journal for dedcution from damage deposit

Support
1

Hi

A client paid me a damage deposit

Dr Bank £500
Cr Damage deposit (BS) £500

They owed my £150 of some rental items that I had invoiced them for.

I have refunded the £350.

Leaving £150 in Damage deposit (BS) and an outstanding invoice on the client account of £150.

I cannot figure out a way to clear the o/s invoice with balance on Damage deposit (BS) account.

Can anybody help?

Thx.

Regards

Michael

2

Hello @3Unique

From what you have said you could pay the invoice in full (this would DR bank £150).

You could record record a money out transaction (CR £150) and tag it to Damage deposit (BS). the two transactions would net off in the bank.

3

Thx I will try that.

Regards
Michael

4

Perfect that worked!