How To: Reverse a Settlement Discount

The following steps are used for reversing a settlement discount and deleting customer and supplier opening balances.

1. Open a Supplier screen (show me how).
2. Using the filters at the top of the screen, load the required supplier record.
3. Open the [ Supplier | Detail | Statement ] tab.
4. In the Statement transactions grid on the left focus on the P/Credit.
5. Right-Click and select Delete Opening Balance/Unalloc transaction from the Context Menu.
6. In the Confirm popup click on Yes.
7. In the Warning popup click on Yes.

The P/Credit (settlement discount) or opening balance and any VAT recorded against the entry, will be deleted.

See Also

• Purchasing Overview
• Accounts overview
• Supplier screen