How to offset - Barter, Trade for Trade for an invoice

How-to
1

Hi,

I have a client that owes me say £100.

He has just performed some work for us to the value of £50.

Rather than pay them the £50 I would like to offset that amount against his invoice of £100.

How can I do this in Quickfile?

Thanks
Drew

2

Hi @neptunemedialtd

You would need to treat it as a contra-invoice. You may find this useful:
http://community.quickfile.co.uk/t/contra-invoicing-same-customer-and-supplier-netting-off-receivables-and-payables/345/2?u=qfsupport

3

Thanks for the quick reply.

Struggling a bit with that but will try and get my head around it :slight_smile:

Thanks

4

No problem! If you need any further help with this, please let us know.