Offsetting invoices

[QFSteve]

Hello @Tridex

I found this in the forum which may help you.

It is the same process but in you case use the contra account and the remaining amount can be transferred back to/from your bank

Contra-Invoicing, Same Customer and Supplier, Netting-off receivables and payables

Do you have a recommended method for ‘netting-off’ customers who have made supplies i.e. transfer the balance on an unpaid purchase invoice to the Customers account and apply against outstanding invoices. Do not want to use a credit notes because that would understate values in the P&L.