Votes

1

A/R + A/P offset

by: Darren W. | over a year ago | Financials
Cast your vote or comment ...
return to idea list

We have a customer that we sell to and also purchase back from. We issue sales invoices to the company and they issue invoices payable by our company. Is there any feature available we can use to offset when we issue a payment or want to offset our customer sales invoices with the company's invoices to us in the form of credit notes?

Thanks!

by: Darren W. | over a year ago | Financials

Comments

  • Darren,

    This can be done. We currently do this at my company. It requires that your customer and Supplier share a BP# and they must share an accounts receivable account. You would need to work with your consultant to set this up.

    by: Denise E. | over a year ago

  • This can be accomplished using the "BP Net Settlement" (BPOINET)

    by: Kevin C. | over a year ago

  • Hi Kevin,

    Thanks for the tip. I tried looking up function BPOINET and cannot locate it. I am currently running on Sage ERP X3 V6.

    by: Darren W. | over a year ago

  • It's found under AP-AR Accounting>Open Items.

    Regards,
    Kevin

    by: Kevin C. | over a year ago