Transfer A/P amount to A/C to clear?

Question

Hello, 
 Instead of making a purchase voucher, I made a general journal entry and cleared the accounts payable account via cash. However, instead of this amount linking to the accounts receivable, I know have amounts in both A/P and A/R. How can I transfer the amount from A/P to clear the amount in the A/R account? 
 As the month the first transaction was made is now closed, is it possible to create a new transaction that will not affect previous months?

phughes · Answer

Delete the journal entry. Post as a purchase invoice to the appropriate client. Otherwise you will always have an outstanding amount for the client and your data will be out of balance. If an account appears in blue in the general journal, this is Sage telling you not to post to that account. Doing so could have large and problematic repercussions.

Sage 50 Canada

Transfer A/P amount to A/C to clear?

COMMUNITY

COMPANY

PARTNERS

SUPPORT & TRAINING