settlement as transaction type

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Posted on by herodabaghi

I found two transactions in one customer's transaction with "settlement" as transaction type and "closing of account" as description, we do automatic settlement in ax and i don't know what is the origin of this transaction.

would you please help me?

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André Arnaud de Cal... 304,121 Super User 2026 Season 1 on at

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Hi Hero,

Can you provide some more information? What amounts are used in these transactions? can you find related customer transactions? When you go to the voucher transactions from these settlement transactions, you can also find the source document and an audit trail.

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herodabaghi 95 on at

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Hi Andre

I checked voucher for this transaction, it has two lines, one is for account receivable ledger and one for bad debts which I cannot find reason for that transaction, also when I checked transaction origin for voucher there is two lines for ledger and two lines for customer. by the way my main question is about origin of "settlement" transaction type.

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Khaled Alloud 3,658 on at

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Hello,

Usually the transaction type Settlement is a result of marking 2 transactions in the Settle open transaction form and 'Update' , 1 line has positive amount and the second should be negative, this way you are offsetting a Customer account (between an advanced payment and an invoice)

Thank you,

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Mukesh Mutreja 35 on at

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System generates the settlement transactions for AR & AP on if the Main account-Financial dimension set are different for invoice and payment. System validates Main account-Financial dimension set at the time of settlement of invoices during the payment process and post the additional settlement transactions to make the AR & AP ledger accounts 0 if there is any difference.

Below are the invoice transactions:

Below are the payment transactions:

Business unit used during the payment process is different used for invoice.

Below are the settlement transactions generated because of Mismatch for Main account-Financial dimension used for invoice and payment.

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