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Date
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07/13/2022
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Problem: One of the
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entity's owners
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made the payment to
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the Supplier directly on behalf of the company. This amount should be shown on the BS Capital Issued section account.
Solution:Use Mutual Settlement and Other Income documents as shows.
1. Create Mutual Settlement
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in order to
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write off the
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Accounts Payable of the Supplier.
1.1.Transaction Type - : Supplier Debt Adjustment. Account -
Account: any account From PL Income section:
1.2. In At Accounts Payable Tab Select , select the Invoice Received that has been paid (select teh document through the "Pick"use Pick option):
See also 7.5.10.5. Mutual Settlements (Supplier Debt Adjustment)
2. Create Other Income Document document (Accounting Section) to transfer the written off amount from Income to Capital Issued account
2.1. Transaction Type - : Reversal:
2.2. In At Incomes Tab tab, select Capital Issue GL account to in CR, and Income Account to in DR:
See also 7.5.3. Other Incomes
3. The Transactions will be as following: 
following transactions are made:
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