I Buy And Sell To Same Party, How To Manage That In Book Keeper App | Can Same Account Be In Customer Supplier Both | How To Purchase And Sell To Same Party

Make sure you are on latest update of Book Keeper.

Book Keeper Windows: v6.2.0 or above

Book Keeper Android: v8.3.9 or above

Book Keeper iOS: v6.9.3 or above.

a. Find out, do you purchase more from this party and sell less items?
    or in simple terms, if you make more purchase vouchers for this party and less invoices
    Then create his account under Sundry Creditor/Supplier

    Now you can create normal Purchase vouchers and Payment To Suppliers
    and while selling, you can create normal Sales Voucher and there it will show you option to
    Set Off Against Purchase

   You will be able to view combined Ledger report. No manual work, No manual adjustment.

b. If you sell more items to this party and purchase less
    Then create his account under Sundry Debtor/Customer
 

    Now you can create normal Invoices and Receipt From Customer
    and while purchasing, you can create normal Purchase Voucher and it will show you option to
    Set Off Against Invoice

   You will be able to view combined Ledger report. No manual work, No manual adjustment.