Clearing Balances on Debtors and Creditors Accounts

Use this function to 'clear' minor balances on Debtor (Customer) accounts. There is a simple way to do this in Experience as explained below. 

Menu Path:  Customers -> Processing -> Allocations OR

                    Suppliers -> Processing -> Allocations

How to clear small pending amounts

Follow this procedure to clear minor balances

• Open the Customer or Supplier Allocations Function
• Select the Customer or Supplier to update
• Enter * in the Currency field and the system will load all pending transactions.

Note: User must have access to Multi Currency Allocations (System Security -> Usernames)

The cleared amounts will be posted to the respective Currency Differences Control Account set under Company Controls.