User Manual 2.2/Settlement

Settlement window

Debt payment generate tab

Definitions

Settlements are documents formed based on debt/payment obligations from customers or vendors invoices. When an invoice is created, a need to pay/receive money is created.

A settlement allows the user to break up a debt/payment obligation into smaller installations or sum up more than one obligation into few bigger ones.

In order to be able to process the actions the Canceled not charge and Generated amount must be equal.

Tabs

• Settlement: Using Create lines from button, the user can select the desired debt/payment obligations from the previously completed invoices. One or more debt/payments chosen are automatically inputted to Debt payment cancel tab.
• Debt payment Cancel: It is possible to see and modify the previously selected debt/payment obligations.
• Debt payment Generate: The user can create new debt/payment obligations. Those might be either consolidations of more than one or break-up of one previously cancelled obligation.