Below you can see outstanding items of Alpha Trade Ltd.:
Here you can see outstanding items of Customer & Co.:
Prepare a set-off amount of €1,091.00.
To create a new record click
. Enter customer and supplier. Proceed by entering dates. Here you have to keep in mind the entered data in the Due Date field. Not changing it the program will offer only those documents that are overdue by the date that has automatically been entered as the current date. Change the dates at will.
Set-off status is changed automatically.
Click Select. Documents matching the selected parameters will be displayed.
Double-clicking outstanding receivables and payables shifts them to the above section. Here you have to take care so as not to double-click the Linked Doc. and Document fields otherwise the corresponding register will be opened.
Since the payables' amount is larger than the receivables' one, level the amounts by clicking Balance. The last amount payable - invoice 07-100-00001 - is automatically lowered, so that the invoices are balanced out.
Proposed setoff can be displayed by clicking
.
Clicking Close/post posts the set-off amount to the journal entry. Data required for creating journal entry are collected from the upper section of the set-off document.
Status changes automatically after performing posting.
Click Confirm and the status changes to Confirmed.
If posting has not completed, click Reject to create reversed post. Status then changes to Rejected.
Related topics:
For a general description of functions see: