Parent supplier
Comments
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Hi all,
We have the situation where in the past we would pay our suppliers individually. Now we have been forced to pay one supplier, a parent, to all of the group of suppliers we used to pay individually. Is there a way in Reckon Accounts Premier 2016, where we could assign the one supplier as a parent to the children suppliers, make a payment to the parent, and have the balances owing to the children updated automatically from the payment to the parent? Can this also take into account any credit balances where a child has issued credit notes in the total combined payment?
Many thanks and regards
Rustees
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Unfortunately not @Rustees - The only other partial workaround (which is really more for simplifying the Bank Rec process) would be to Pay Bills for all the individual Suppliers (altogether) out of a dummy (aka "Clearing") bank account, then enter a single Write Chq from the main account posting to this Clearing account, to represent that single payment in the Bank account register.
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