User Manual 2.2/Manual Settlement

Manual Settlement

Debt payment generate tab

Debt payment balancing tab

Debt payment bal replace tab

Definitions

Manual Settlement enables the user to create settlements that have not been previously generated based on any customer or vendor invoices. Such manual settlements can be for example:

• Payrolls
• Expenses
• Bank Regularization

In its simplest terms, a manual settlement is used when there no previously created invoice exists.

Tabs

• Settlement Manual: General information such as Transaction date, Account date, and Description is introduced.
• Debt payment generate: One or more desired debt payments can be created. The necessary data to be introduced is Business Partner, Payment Rule, Amount, and Due date.
• Debt payment balancing: It is required to introduce the GL Item for each previously generated debt payment.
• Debt Payment Bal Replace: It is possible to modify the selected corresponding GL Item. For example debit and credit amounts can be reset.

Process Information

• Copy from Settlement button: Facilitates the creation of settlements from the already existing ones. This may be used for example if the same manual settlements are created every month.