Vendor name same as Customer name????

Discussion in 'Microsoft Accounting' started by Akita, Aug 29, 2010.

  1. Akita

    Akita Guest

    Why when I have the same name for a customer as a vendor that the check
    payment on the vendor side goes to the sale (income) side of my item instead
    of the purchase (expense side)? I am choosing the vendor name when issuing a
    check, but when I choose the vendor name somehow it changes to the customer
    name of that person. How do I correct this issue?
    The item on the check works fine if it is only a vendor and not a customer.
    Akita, Aug 29, 2010
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  2. Akita

    addy digit

    Oct 7, 2010
    Likes Received:
    A type of placing used as a method of financing a takeover in which the purchasing company issues its own shares as payment to the company being bought, with the prearranged agreement that these shares are then placed with investors in exchange for cash
    addy digit, Oct 7, 2010
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  3. Akita


    Jun 3, 2011
    Likes Received:
    The Answer

    @addy digit
    That was read out of a book and doesn't answer the question.

    The answer is that you have to scroll down further in the list. You are indeed selecting the wrong entity (customer). I have seen this happen many times. You believe you are selecting the correct one when that is not truely the case.
    Answer, Jun 3, 2011
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