You can use the Customersform to create a proposal of compensation transaction from a customer account in order to automate settlements between the customer account and a vendor account. A proposed settlement report is automatically generated, and you can accept the proposal or modify it. When the settlement is done, you can post the proposed settlements in the general journal.

1. Click Accounts receivable> Common Forms> Customer Details.

2. Enter the required details to create a customer account, or select an existing customer account.

   Note
   For more information, see "Customers (form)" in the Applications and Business Processes Help.

3. On the Generaltab, in the Vendor accountfield, select the vendor account that is to be compensated.

4. Click Transactionsto open the Customer transactionsform, and then select one or more transactions to compensate.

   Note
   Use the <CTRL> or <SHIFT> key to select more than one transaction.

5. Click Compensationto open the Compensation of customer/vendor transactionsform.

6. In the lower pane, on the Overviewtab, select the check box in order to select the vendor transaction that is to be compensated with the customer transaction.

7. Click Create payment proposalto open the Transfersform.

8. In the General journalfield, select the ledger journal in which the compensation transactions will be created.

9. In the Name of journalfield, select the ledger journal batch number.

10. In the Posting date used when updatingfield, select the date for the compensation transaction.

11. Select the Print compensation report?check box to print the compensation report.

12. Click OKto generate a Proposal of compensation transactionreport.