Setting Small Balances Write Off Limits
Set the small balances write of limits per currency type from the Write Off Limits page. Set the following options on the Write Off Limits page:
|
Setting |
Description |
|---|---|
|
Currency |
Select the currency for which you want to set the write off limit. You can set only one write off limit per currency. |
|
Percentage |
Enter the percentage of invoice amount against which the amount due is compared. If amount due is less than the product of the invoice amount and this percentage, then the amount due is considered for small balances write off. However, the amount due must not exceed the value set in the Amount Limit field. |
|
Amount Limit |
Enter the maximum amount due allowed for an invoice to be considered for small balances write off. |
The SuiteApp can process small balances write offs up to the maximum limit of invoices and sub customers allowed in your NetSuite account.