I have a series of payment refunds to be made to clients. Hitherto we have created a new vendor in payables and done the refund from there. Is it possible to make payment direct from receivables? This would, of course, require a credit note to clear the balance created by the payment but such an entry would be good from an internal control point of view -- leaves a good audit trail. Refunds from payables are not so obvious.
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Discovery: refunds/payments direct from receivables?
- Thread starter BMorey
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