Self billing query

[cbstephensaca]

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Inputting self-billing invoices

We use self-billing for our suppliers. We create the invoice for goods supplied and on the same invoice subtract our commission so it would look something like this: Amount collected for goods supplied: £50 Our service charge: £10 So the amount we pay the supplier from out bank account would be £40, and the £10 is income. I am not sure how to account for this. I can set up a purchase for the £50 but I can only pay £40 from the bank account. I’ve tried numerous things but none seems to work w…