Clearing Balances on Creditor Accounts

Modified on Tue, 30 Jan 2024 at 10:00 AM



Facility:  AP_T_010

Menu:  Suppliers and Purchases   Processing   Allocations

This function is used to 'clear' minor balances on Creditor (Supplier) accounts. There is a simple way to do this in Experience as explained below. 

How to clear small pending amounts

Follow this procedure to clear minor balances

  • Open the Supplier Allocation Function
  • Select the Supplier to update
  • Enter * in the Currency field and the system will load all pending transactions.
  • Tick the transaction to clear and click on the green Confirm button.

Note:  The user must have access to the Multi Currency Allocations from: System Settings → Processing → Usernames → Company Access tab

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


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