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Marg ERP 9+
In Marg ERP Software, creditors are the parties from whom goods have been purchased and are of a credit nature in accounting. The software provides a provision to convert creditors having a debit balance into debtors, ensuring proper account management and accurate maintenance of financial records.
Suppose 'Tarun Traders' is a Creditor with debit balance '1000'.
Fig 1. View of Creditors Ledger window.
Fig 2. View of Creditor with a debit Balance .
In order to Convert Wrong or Negative Creditors into Debtors, 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 Creditors To' and press 'Enter' key.
- The user will select 'Sundry Debtors' and press 'Enter' key.
