Customer Clearance

Implementation Updated by Implementation

What is Customer Clearance?

Customer Clearance refers to settlement of accounts.

Overview

User can settle accounts bill to receipt. It will give a number to settlement that is called clearing number.

Use Case

Suppose there is firm “XYZ” Ltd. They do lots of transactions with customers and due to that they face lots of difficulty to identify which receipts belongs to which bill.

With this option, user can clear bill with receipt. User can multiple documents at one time.

Steps to be performed for clearance of documents.

1.Go to Account Receivables

1.1.Go to Transaction-> Click on customer clearance

2.Select here customer and all transaction for that customer will reflect there.

2.1.Full clearance case->i)Select equal debit and credit ii)Pending Bill Amount should be zero. iii)Save & continue button will appear on screen.  iv) Click on save and bill will be cleared.

Check Customer Ledger-> Both Debit note & credit note are marked as cleared.

2.2.Partial Clearance-> i)Selected partial and fill amount ii)Click on save & continue.

Check customer ledger-> The partial cleared document will appear Yellow colored.

3.If user has wrongly cleared the document then user can revert or cancel the clearing. Select customer and click on revert button marked in below screen shot.3.If user has wrongly cleared the document then user can revert or cancel the clearing. Select customer and click on revert button marked in below screen shot.

3.1.Select settlement number and click on revert.

4.If user clears the documents fully then it does not appear in clearance again. But if user wants to see all entries on clearance page then click on “All Records” marked in below screen shot.

How did we do?

Customer Aging

Customer Foreign Clearance

Contact