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Implementing Mass Write-off of Debit/Credit Balances

The AR/Cash module allows you to perform a mass write-off of debit/credit balances based on a user-defined cutoff date and a maximum dollar amount.

The system setup options for this feature include an AR/Cash Set up module option that allows you to define the maximum default dollar amount to write off. During the write-off process, all debit or credit balances less than or equal to this amount are written off. You can overwrite this default during the actual write-off process. See the Set up module window section for information on the AR/Cash Set up module window.

A default GL account number, entered on the AR/Cash Default Accounts window, that offsets the credit or debit created by the write-off process will be written. For example, if you write off credit balances, iMIS creates a debit to the default AR account and a credit to the write-off offset account specified on the AR/Cash Default Accounts window.

In This Section

To set the default write-off amount

To enter the default write-off offset account

To process mass write-offs

See Also

Month-End Procedures

Month End Procedures Overview

Creating the General Ledger Journal

How iMIS works with Credit Balances

Creating Credit Invoices


ASI logo 10.6 Production Release. Updated 1/17/2006 1:17:53 PM
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