Scenario: You have agreed to pay a 3rd party 'principal account' with the value of discount allowed, but they don't want the transaction to be visible by the sub-dentist accounts.


Method: You credit the principal customer account either by raising a credit note (Action > New Credit Note), or with a Payment Credit (Customer menu > Add payment/credit).


Note: The former is better if any tax is involved as you will reduce your tax liability, otherwise a simple payment credit is sufficient.



You can then either make a BACS payment to 'give them the money'  (Customer menu > Make refund/debit), or you can leave the value as a credit on the account.


If the customer account doesn't already exist in LabManager as a Principal Account type, create a customer account of type 'Principal Account'.



Example of typical Principal Account



Acct Name:  Another Practice Holdings LTD

Acct Type:  Principal Account


date           Code       Description                  DR           CR         BAL

05/05/2021     Credit     BACS receipt                         9000.00    -9000.00

05/05/2021     Credit     Early paymnt disc                    1000.00   -10000.00

05/05/2021     Debit      Transfer to a/c 0220    6500.00                 -3500.00

05/05/2021     Debit      Transfer to a/c 0235    2500.00                 -1000.00

30/05/2021     Debit      Cheque Refund           1000.00                     0.00




Also See:


Receive payments from a principal account