Create a receivable from a settlement

Before you start

• Prepare an Account and its associated Contract or Order.
• Enter the Settlement Amount in Settlement Details.
• The administrator has opened Settlement as a Receivable Data Source.

Create a Settlement

1. On the Settlement page, click New.
2. In the Master Object area, select the Account and select a Contract or Order as needed.
3. If Project Management is enabled, enter the project and milestone information.
4. In the Details area, enter the settlement item and Settlement Amount.
5. Save the Settlement.

Create a Receivable by pushing the Settlement

1. In the Settlement List, select the Settlements that need Receivables.
2. Confirm that the selected Settlements belong to the same Account.
3. Click Settlement Receivable.
4. On the New Receivable page, check the Settlement Details.
5. Enter the current receivable amount and complete the allocation.
6. Complete the Receivable information and submit it.

Create a Receivable by pulling the Settlement

1. On the Receivable page, click New.
2. On the Select Data page, select Create from Settlement.
3. Select the target Settlement.
4. Enter the current receivable amount and complete the allocation.
5. Complete the Receivable information and submit it.

Result

Related topics

• Track the Pending Receivable Amount for a Settlement
• Configure Settlement Data Sources