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Select the companies to pay (Summary)
Allocate Debtor Debt to Creditor Debt
Where a company is both a creditor and a debtor to your business - you can allocate their Debtor Debt to reduce their Creditor Debt.
allocate the debt on the debtor to clear the debt on the Creditor
Select the Creditor invoices to pay (Detail)
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- Each Creditor Journal will be journaled to the Clearing account nominated in the Maintain GL Control Screen and they will grouped together in a Journal Batch
- After creditor payments are created for all selected creditors a general journal is written to transfer the funds for all of the payments, from the Payment Clearing account to the selected bank account
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