In Marg ERP Software, debtors are the parties to whom goods have been sold and are of debit nature in accounting. The software provides a provision to convert debtors having a credit balance into creditors, ensuring proper account management and accurate maintenance of financial records.

Suppose 'Chirag Traders' is a Debtor with credit balance '1000'.

Fig 1. View of Debtor Ledger window.

Fig 2. View of Debtor with Credit Balance .

In order to Convert Wrong or Negative Debtors into Creditors, the user needs to follow the below mentioned steps:

• Go to Final Reports > IT-ST-Auditor Reports > Convert Wrong Debtors/Creditors.

• The user will select 'Convert Negative Debtors To' and press 'Enter' key.

• The user will select 'Sundry Creditors' and press 'Enter' key.

• Now, a 'Party Shifted Properly!' pop-up will appear.

After following the above steps, the user can view that a wrong debtor or a debtor with a credit balance gets converted into a creditor in Marg ERP Software.