Setting Up Reconciliation/Settlements Management

← Receivables/Payables Management

Businesses sell and purchase assets, which involves payments and payouts. From an accounting perspective, they represent your accounts receivable and accounts payable.

With respect to reconciliation and settlement options, the following topics are relevant:

• Configuring Settlement Data Comparison
• Controlling Balance Options
• Setting Up Balance Import and Fix
• Configuring Invoice/Credit Offset
• Configuring Prepaid Balance Handling