How to capture an interest charged and interest reversed to our Suppliers

SUGGESTED

We received statements from our supplier that displays a row "Interest Charged -R". 

How can I capture an entry on our suppliers so that my statement and transaction report also displays Interest Charged with the supplier's statement.  Other times our suppliers's statments shows the actual Interest Charge Reversed item/row also and we want to display that on our side also

I do not want to do the customer adjustement way.

Thank You

Top Replies

  • Hello  

    We usually recomend the customer/supplier adjustment to process interest.

    You can consider using invoices to process interest as well, both however do reflect on your statement.