Customer / Vendor

When doing an entry in GL to customers or Vendors, the offset is Bank. Is this a requirement or is this somehow configurable?

This is configurable on customer and vendor. Check the posting setup on customer/vendor.

can you provide the path?

On the vendor master, in invoice tab, there is a button for default account. In default account we can define offset account.

what is the purpose of this offset account in customer /vendor master ?

Hi Dayna,

This is based on the Journal Name that you use to make entries for Custor Vend.

Navigation for setting Offset as Bank:- Setup >>>> Journals >>>> Journal Name >>>> Offset account Proposal >>>> check Fixed offset account and select account type as Bank and specify offset account…



all, thanks for the replies.

I see the reference