Contra a Sale & Purchase
When you have a supplier that’s also a customer, sometimes you’ll arrange to offset the amount of sales invoices against their bill. This is often referred to as a ‘contra’. This video tutorial shows you how to set up the Xero accounts needed for offsetting the transactions and how to correctly contra the sales invoice with a purchase bill.
7 Steps to growing your business
Enter your details below and sign up to our seven day course full of useful tips on growing your business.
Talk To Our Team Today
If you have any questions please get in touch with us.