AR/AP Payment Offset

You can use this form only if you have customers that are also vendors. Use this form to create offsetting payments for AR and AP. When you select a vendor or customer, the outstanding vouchers and invoices are displayed. Only transactions created in the vendor and customer account currencies, which must be the same, are displayed. You can then enter offsetting amounts for the various vouchers and invoices. Once balanced, offsetting payment and distribution records are created. These payments can then be posted through the standard AR and AP posting routines.