Payable originally not entered against a subcontract.....now need to adjust

Question

When originally entered a few months ago, the payable vendor invoice was not entered against the vendor subcontract. How do I make that adjustment without having to void payment, void the entry and start with a new record?

Char DeLange · Accepted Answer

You don't have to go to all that trouble. 
 Just enter a credit for the amount of the original invoice and don't attach it to the subk. Use original inv # -a 
 Then enter a new invoice against the subk. Add a note explaining why it's being entered. 
 Use original inv # -b. also include the note 
 Then apply the credit towards the remaining part of the original invoice and the balance against the new one 
 Now the remaining balance is outstanding on the new invoice and the whole amount is against the subk 
 They are both extra work so it's up to you to decide which is more cumbersome

Sage Construction & Real Estate

Payable originally not entered against a subcontract.....now need to adjust

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