Hello. I rent boats and act as an agent. I have several suppliers. Commonly I receive one invoice from a supplier, for which I then issue 2 invoices to my customer - my customers usually pay in 2 installments. I use the money from my customer to settle the invoice from my supplier, minus my commission, for which I send him an invoice. Can anyone please advise on the right way to settle these invoices in this system? Thank you very much.
Hi @Mia,
This guide if for the rental of properties but you may find that it is helpful for your situation?
Bookkeeping for Letting Agents
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