We have vendor since 1 year & start to sell some items to this vendor.

What is the best way to register the new transactions?

Question

shall we create a new account for the costumer or record the entries in the old account ..!!!

Arnel Yabao · Answer

You need to open same vendor with new transaction just update the details, no need to create a new account.

ALHASSAN ADAM ABDULAI · Answer

By planning,coordinating,organizing all resources for the achivement of the business.

SAM QATINA · Answer

But here the broblem is how to create an invoice for vendor in the system if the system not allow to do this ...!!!?

Kailasa Pathi Chandrachoodan Pisharody · Answer

It is better to open another register (new) for the new transactions

Shameer Nazir Madari · Answer

It is always recommended to book all the transaction of same vendor in the same account it will create the history of Sales transaction and will give the complete information of the vendor.

So the new account should not be created and instead record the entries in the Old account.

Muhammad Sultan Muhammad Sultan · Answer

Its better new maintain the previous account.

Mohanadasan Menon · Answer

For any vendor, you have to open new register and record entries carrying forward the account to new books after completing an year.

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We have vendor since 1 year & start to sell some items to this vendor. What is the best way to register the new transactions?

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