IMPORTANT |
It is extremely important that you set up and work within your own company and with your own supplier to maintain your data integrity. If you work with any other objects, your exercises will not function as intended and the data of other students might be affected. Predictable exercise results require that your data must be isolated in your own company. |
Purpose: The purpose of this exercise is to show you how to set up the basic data required for this particular functionality. For the Automatic Offset exercise, you will need to define a write-off code and to set up posting control for it.
General exercise for Create a Write-off Code . In the exercise don't connect the new code to a Write-Off Template.
General exercise for Posting Control for Write-Off Codes
Purpose: The purpose of this exercise is to show you how to enter supplier invoices to be used in the exercises below. The invoices/installments must also be authorized for payment. For the Automatic Offset exercise, make sure that debits equal credits for each supplier, i.e., the supplier balance should be zero.
General exercise for Arrival
Entry Supplier Invoice
General exercise for
Post Supplier Invoice
General exercise for Authorize
Supplier Invoice for Payment
Purpose: The purpose of this exercise is to show you how to enter supplier payments on account for use in the exercises below. For the Automatic Offset exercise, make sure that debits equal credits for each supplier, i.e., the supplier balance should be zero.
Windows:
Supplier Payment
Note: The remaining amount in payment currency should now be zero.
Purpose: The purpose of this lesson is to show you how to make offsets between supplier debit and credit invoices/installments as well as between payments on account and invoices/installments. Parked payments can also be offset. The offset function does not cause any cash flow, and the total amount must always be zero (0).
Purpose: The purpose of this exercise is to show you how to offset a supplier credit invoice/installment and payment on account against a supplier invoice/installment.
Windows:
Supplier Offset
Note: Instead of entering the three lines manually, you can right-click and then click Select Batch to open a window that you can populate with all open ledger items. Highlight the three items that should be offset, and click OK. These items are automatically copied to the Supplier Offset window.
Purpose: The purpose of this exercise is to show you how to offset a supplier credit invoice/installment and payment on account against a supplier invoice/installment.
Windows:
Supplier Offset Proposals
From & Until | Currency | Allowed Difference | Matching Method | Sorted by | Write-off Code | Exec Mode |
Supplier Identity | The currency of the ledger items | 0 | Match All Open Items | Ledger Date | Your defined write-off code | On Line |