Customer Offset Proposal

Description of Customer Offset process

This process is used to offset customer open invoice/prepayment items with positive balances against customer open invoice/prepayment items with negative balances using an offset proposal.

An offset proposal may be created online or as a background job.

Customers to be included in an offset proposal are specified by selecting a range of customer IDs. You can select only one currency at a time and all open invoices/prepayments (except advance invoices) that are authorized for payment in that currency are considered for the selection. It is also possible to allow open items of any ledger status to be included in the proposal or to allow only open items of a specific ledger status (i.e. either Normal or Bad Debt) to be included. If an allowed difference is specified, an offset proposal will be suggested only if the difference resulting from the offset is less or equal to that amount. Here, the difference is posted as a new difference invoice item against the customer and then written off using the write off code specified by you. (Note that you are required to specify a difference item invoice type, difference item invoice series, debit write off code and credit write-of code and write off code if you enter an allowed difference.) If no allowed difference is specified, the offset proposal will be created if there is no difference resulting from the offset.

There are six possible methods in which open items can be matched against each other to create an offset

Once an offset proposal is created it can be modified, printed and approved. Approval of the offset proposal too can be performed online or as a background job, and it results in the creation of a voucher which can be viewed in the Voucher Details page. The default voucher date, voucher type and user group suggested by the system in the Payment Parameters dialog at the time of approving the voucher can be changed if required.