This activity is used to define supplier open balance history categories. An open balance history category is used to group the open balances of a supplier based on the time periods for which they are generated. An open balance history category can be connected to one or more company IDs. Open balances can be generated using the open balance category ID for all the suppliers of these connected companies.
In order to perform this activity, the company IDs to be connected to the open balance history category should exist in IFS.
As a result of this activity, a supplier open balance history category will be available in IFS Cloud to generate supplier open balances for specific time periods.