Use this procedure to select linked vendors and customers for the Accounts Payable from Accounts Receivable clearing process. During the clearing process, the customer balance is transferred to the appropriate vendor invoices.
Before You Begin
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The Accounts Receivable module must be set up for this company.
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Vendor and customers must be set up.
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Vendors and customers must be linked.
To select linked vendor/customers for clearing
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Select Accounts Payable Period End menu > AP from AR Clearing Selection.
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Select the A/R Transfer Amount Cannot Exceed A/P Balance Due check box to limit the transfer amount to the balance amount. For more information, see AP from AR Clearing Selection - Fields.
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Select the Include Invoices on Payment Hold check box to apply the vendor balance also to invoices on payment hold.
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In the Customer Number fields, enter the values to select customer numbers for clearing, and click Proceed.
The vendor/customers are selected for the Accounts Payable from Accounts Receivable clearing process.
