I've got a small business question. I'm using Quickbooks Pro 2007 accounting software to do my bookkeeping, and I can't seem to figure out how to make a company both a customer and a vendor.
For example, I might be making purchases from a software company, in which case they would be categorized as my vendor. However, recently I've started doing affiliate marketing for them (selling their products and receiving a commission), in which case they would be my customer. However, I Quickbooks makes me choose one or the other.
How do I go about assigning a company as both customer and vendor. Should I simply list it once as an "other" account?
