Apply customer ledger entries on vendor entries (vendor and customer the same)

Carvei

Hello and sorry if this was asked before (haven't found my answer), I have a client who has a lot of vendors that are also customers. I know you have to create a separate vendor and customer cards but what happens when you want to apply entries? Ex.: I sold items to one of the vendors and I also bought items from that vendor. How can I apply the entries? If I owe the customer 100$ and he owes me 200$ how will I take care of that? I have created and posted the purchase invoice as well as the sales invoice. We are working with NAV2016.
Thank you!

lubost

You have to post 2 lines document (finance journal) of type refund or payment for both customer and vendor with same amount.

Kishorm

As @lubost says because as far as NAV is concerned the 2 accounts are separate so you must do the offsetting manually.

Carvei

Thank you both, I will try that and see if I get the results the customer wants.

kriki

[Topic moved from 'Navision Financials' forum to 'NAV Three Tier' forum]