A/R AND A/P FOR SAME COMPANY IN SIMPLY ACCOUNTING SOFTWARE

SO THIS IS WHAT I HAVE COMPANY A OWES COMPANY B $100.00 BUT COMPANY B OWES COMPANY A $100.00 SO WHAT DO I DO IN SIMPLY ACCOUNTING AS FAR AS A ENTRY SO WE DON'T NOT HAVE TO WRITE CHECKS TO EACH OTHER IN OTHER WORDS WHAT WOULD THE JOURNAL ENTRY IN SIMPLY ACCOUNTING SOFTWARE BE?

THANKS,
DENISE

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Oct 10, 2015
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Good Post NEW
by: Anonymous

A reverse entry would be pass you will decrease your creditors by debited them by 100 and similarly decrease your debtors by credited them by 100. There are accounting booking keeping software’s to facilitate you for this purpose.

Oct 09, 2015
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good NEW
by: Anonymous

thanks
tutorial in urdu and hindi

May 17, 2011
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Your question is answered here, I've had the same question
by: Anonymous

The link gets you to Intuit not Sage, but the idea is the same. I think they answer your question .
http://community.intuit.com/posts/how-do-i-invoice-a-vendor

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