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Auto Allocation

Auto Allocation

Automatic allocation of invoices to payments

Help

Help

Try to allocate invoices to payments for a business partner or group. You may want to reset existing allocations first. The allocation is based on (1) payments entered with reference to invoices (2) payment selections (3) business partner balance (4) matching amount of invoice & payment. Allocation is based on exact amount and includes AP/AR imvoices/payments. Optionally as (5), you can enable to allocate payments to the oldest invoice. In this case, there might be an unallocated amount remaining.

Parameters

Parameters

Business Partner Group

Business Partner Group

Description Business Partner Group Help The Business Partner Group provides a method of defining defaults to be used for individual Business Partners.

Business Partner

Business Partner

Description Identifies a Business Partner Help A Business Partner is anyone with whom you transact. This can include Vendor, Customer, Employee or Salesperson

AP - AR

AP - AR

Description Include Receivables and/or Payables transactions

The field must have a value for the record to be saved to the database.

Allocate Oldest First

Allocate Oldest First

Description Allocate payments to the oldest invoice Help Allocate payments to the oldest invoice. There might be an unallocated amount remaining.

The field must have a value for the record to be saved to the database.