This topic shows you how to offset Customers to Suppliers.

Setup

1. Create a Suspense account by navigating to Main Menu > Setup > Settings & Defaults > Accounting > Accounts > Add: Suspense Account > Category: Current Liabilities. See image below:

2. Create a Customer Offset Entry Type (similar to Customer Receipt entry type) by navigating to Main Menu > Setup > Settings & Defaults > Accounting > Entry Types > Add: Customer Offset (CR) > Debit: General Ledger > Suspense Account > Credit: Customer. See image below:

3. Create a Supplier Offset Entry Type (similar to Supplier Payment entry type) by navigating to Main Menu > Setup > Setting & Defaults > Accounting > Entry Types > Add: Supplier Offset (SP) > Debit: Supplier > Credit: General Ledger > Suspense Account. See image below:

To Offset

Navigate to Main Menu > Accounting > Ledger > Entry Type - Customer Offset > New > New Blank.

1. Enter a reference, such as "Offset".
2. Select the Account.
3. Enter the Amount.
4. Allocate to outstanding invoices.

Do the same for Supplier Offset. Main Menu > Accounting > Ledger > Entry Type: Supplier Offset > New Blank. Follow the steps as laid out above.