Offset invoice with payment

[wysiwygGER01]

Hello,

I'm using Accpac 5.5 and was wondering whether there is a way of offsetting A/R invoices against A/P payments?

Basically one entity of a company invoices another entity and the other way around.
But instead going through the whole process of invoicing and payment in both entities, I'd like to offset invoices with payments?

Does anyone know whether this is possible at all and how?

 

[ettienne]

There is a 3rd party application to do that, or simply setup a bank in Accpac named OFFSET and do a payment and receipt through this bank to offset the customer and vendor accounts.

 

[wysiwygGER01]

Thanks ettiene. I'll try setting up the bank.
You wouldn't know the name of that module, would you?

 

[ettienne]

Offset something or other, or Setoff...
Either Pacific or Orchid have it, I don't remember the details.

 

[wysiwygGER01]

thank you.

 

[ettienne]

Uh I got it all wrong...

http://www.sagepss.com/Solution.aspx?SolutionID=739