Set-Off Document

Set-off Document

In this document type you create a proposal for compensation between two parties. This way, you can propose to a party that owes you certain payables (for example, payment of an overdue invoice) that these payables be offset against the payables that you owe them. Only obligations that are already due can be offset.

Set-off document type can be accessed via menu Financials | Close | Set-Offs and choosing the created document type.

warning To display the Set-offs menu you need to open a new document type in the document types register.

The form for preparation of set-off can be divided into:

1. Set-Off toolbar

2. Set-Off header

3. Items in Set-Off