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Select the correct GL account in the field field GL account
STATEMENT OF MUTUAL SETTLEMENTS for Company С:
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The amounts on the Accounts Payable and Payee Attributes tabs in the fields must be identical.
- Define these companies in relation to your company as suppliers or customers. Depending on this you should select the type of transaction in Mutual Settlements. If the netting is between your suppliers, please select the transaction type Supplier Debt Assignment. If the netting is between your Customers, please select the transaction type Customer Debt Assignment.
3. Then generate a STATEMENT OF MUTUAL SETTLEMENTS for each company. 3. After the Mutual Settlement has been posted into the system, you should check the mutual settlements between the companies. Generate STATEMENT OF MUTUAL SETTLEMENTS for each company.
STATEMENT OF MUTUAL SETTLEMENTS for Company B:
STATEMENT OF MUTUAL SETTLEMENTS for Company С:
