A Company can have 2 Customers. Customer A is more like a distributor or a Wholesaler of the same parts that the company is selling, and Customer B is Retailer. If Customer B has an order, the Company will prepare the parts/goods to be delivered to Customer A and it is the responsibility of Customer A to deliver the goods/parts to Customer B. For the invoices, the Company will issue an invoice referring to the same parts to both Customers but with different prices. Then Customer B will pay the company according to the invoice issued for him and the payment will be credited to the account of Customer A.
1. Issue an A/R Invoice for Customer A using a different Price Schedule
2. Issue an Estimate Invoice for Customer B having a Price Schedule different from Customer A
3. When Customer B will pay according to his invoice, it will be a Received on Account (ROA) for Customer B. Resulting a negative Balance Owing for Customer B.
4. Create another ROA for Customer B, this tiime a negative amount to have his Balance 0.00. This is like having a withdrawal from this Customer and this will be credited to the Account of Customer A.
5. Create a Payment on Account with an amount being paid by Customer B. Invoice Comments can be a way of adding some extra information for tracking Purposes.
Video source: training:roa_fromacustomer_appliedtoanothercustomer1012031052.flv
Created by Riza delos Reyes at 03/12/2010 11:01:30 AM