We have received a credit for 400 GBP from HMRC for fines in the past that they have reversed. They have used the 400 against the next months bill. I had created an 'asset' in our balance sheet for the 400 and was then looking to apply this to the next bill. The bill is generating an accounts payable entry as you would expect but I can't find a way to use the asset we now hold against the bill to clear the accounts payable. We use zero.
The credit I set up is here:
And the journal the bill creaded is here: