To access the form, click: Accounting > Service Tools > Mutual Settlements.

The Mutual Settlement documents can be used to register the settlements between the entity and its customers or the entity and its suppliers. Accounting for settlements with suppliers and customers is an important element in the ERP system. A settlement generally refers to agreement between two or more parties to offset debt documents so that a positive balance remains in any of the involved accounts.

The list of Mutual Settlements

The list of Mutual Settlements includes all the documents of this type that were created. Documents are listed with their reference numbers, dates, amounts, and transaction types. If you don't see a specific document, rearrange the list by date, transaction type, reference number, or amount. Also, you can use the Search field to locate the document you need. You can change the list display settings to suit your particular needs; for details, refer to Working with the item list.

The settlements of the following types can be registered in the system:

• Mutual Settlement: When you need to offset the customer debt against the entity's debt to a third-party company that is affiliated with the customer.
• Customer Debt Assignment: When your entity needs to transfer the customer debt to another company that is affiliated with this customer.
• Supplier Debt Assignment: When your entity needs to transfer its own debt to a particular supplier to another company that is affiliated with this supplier.
• Customer Debt Adjustment: When your entity needs to write off the customer's specific bad debt directly to operating expenses.
• Supplier Debt Adjustment: When the entity needs to directly write off its debt to a particular supplier (who is out of business) directly to other income.

The toolbar buttons

To create a new Mutual Settlement document, click the Create button on the toolbar.

To edit the existing document, double-click the line with the document. Alternatively, select the line with the document, right-click it, and select Edit or click More actions (in the upper right corner of the form) and then select Edit.

If you need to copy the selected document or perform other operations, refer to List Toolbar.