The following may be performed from the menu for posting set-offs:
- receivables and payables set-off for the same subject
- multilateral set-off, customer and supplier cannot be the same subject
- receivables and payables blank set-off for the same subject with
the information which receivables and payables shall be closed with set-off
information
not yet known
- blank set-off when the selected supplier and customer cannot be one and
the same subject and the information of which receivables and payables shall be
closed with the set-off is not yet known
Related topics:
 |
Users who account for VAT after the payment of turnover
simultaneously post and confirm the set-off. |
|
|
With the selected VAT account method after the
payment of turnover, the set-off may be simultaneously posted and confirmed
because every post shall be posted to the same journal entry which have the
edited date criteria. |
|
|
If you want that all of the outstanding items of the unapproved set-off
proposition will not be displayed anymore among the outstanding receivables and
payables items of the subject acounts, then you should post the unapproved proposition of
the set-off. Any changes of the set-off shall also be posted. |
|
|
Set-off proposition and all of the possible changes related to it are posted to
the same journal entry. That is why it is important to verify the posting date
and the period date of the journal entry. |
You may select the customer and supplier whose receivables and payables are
to be set-off.
After clicking the Select
button the program displays the list of outstanding receivables and payables in
the bottom part of the panel.
|
|
The data on outstanding receivables/payables are taken from the
journal entry items to be posted!
|
The oustanding receivables window can be launched by using the
shortcut key. And the outstanding
payables window by using the
shortcut key.
Documents may be marked for closing by pressing spacebar or by double-clicking
the mouse button.
They are then shifted to the upper section of the panel.
The shortcut to the receivables for linking (set-off) window may be accessed by
using the
shortcut key. And the payables for
linking window by using the
shortcut key.
For a detailed description of the data see Set-off
Document.
If the receivables and payables amount to be set-off is not equivalent, the
value of the last document which is marked for closing is automatically lowered
so that both amounts are equal.
|
|
The selected items of the outstanding receivables or payables may be sorted
according to any given criteria (document, amount, ...) by double-clicking the grey
field with the description of the column.
|
|
Select
| After the
information about the customer, supplier and accounts are entered,
the outstanding claims and liabilities list
can be looked up by clicking this button.
|
|
Balance
| When the receivables or
payables amount to be set-off is not equivalent, then the amount of the
receivable
or payable set-off is made equal according to the smaller of the
selected amounts by clicking this button.
The same operation can also be performed by clicking the Report
button that apart from this enables also the creation of a report of the set-off
proposition - the amounts of the receivable or payable set-off have to be
included in the report.
By clicking this button the data about the outstanding receivables and
payables are not refreshed: after the set-off report is made and posted
you may click the Select
button to look up the outstanding items again..
|
|
Close/post
| By clicking this
button you launch the journal entry creation. With it you may
start transferring of post from receivables or
payables accounts to the accounts for set-off in progress.
|
 | By clicking the
report icon in the
taskbar you may display the set-off proposition.
|
|
|
See Taskbar for a general
description of its functions. |
By
right-mouse clicking each
individual item you can call up additional functions in the set-off preparation
panel.
When the party returns a confirmed set-off proposition, you can confirm it by
clicking the Confirm
button. At the same time the status of the set-off is changed to Confirmed and
posts 1209/2209 are appended to the journal entry to which you have already
posted the set-off. Data containing the set-off date is filled to the
journal entry.
The set-off of the Posted status may be rejected by clicking the Reject
button. At the same time the set-off status changes to Rejected and
recersals of the posts are appended to the
existing journal entry.
Reversed - set-off obtains this status
after clicking the Reverse
button. In case when there is not any and shall not be any occurrance of set-off
turnover and because of the
transparency of subject account at the same time you do not want to post it nor
make a reversal, you might want to click the Reverse button. The sole function of the
reversal button is to change the status of the set-off so it can be used later
in the set-off history list. The Reverse button appears already
when creating the set-off proposition together with the Select, Balance and Close/post
buttons. It does not appear together with the Confirm and Reject buttons since in this step
of the process postings appear and only the Reject
button can be used.