Question

state the altinate method of setting the offset

Answer 1

You designate the type of offsetting entries that the system creates for A/R and A/P offset and discount accounts when you post invoices and vouchers to the general ledger.

Businesses in France are required to maintain a record of all accounting entries in the General Journal (Livre Journal or Journal Général). These entries must be recorded in the General Journal chronologically by the date on which the entries are posted to the General Ledger. The offset methods that you select on the Accounts Receivable Constants screen and the Accounts Payable Constants screen determine how the system prints the General Journal report.

Setting up the offset method for posting includes the following tasks:

Setting up the automatic offset method for A/R

Setting up the automatic offset method for A/P