Transactions will show as outstanding, and be available in the Suggested Payments and Bulk Receipts screens, until they are allocated. Allocation effectively matches the transaction with one for an opposite value so that it is no longer outstanding.
Click Debtors or Creditors then click Allocation.
Click Cash Allocation.
📌 Note: In Debtors, using the Next Generation screen, the Action Panel opens automatically. You need to locate a customer before viewing transactions.
Search for the customer or supplier to allocate the receipt or payment to.
Select the Payment/Receipt and the Invoice to allocate.
Select the checkbox at the left-hand end of the transactions to allocate.
The Allocated Balance must equal 0 before you can complete the process.
Change the amount in the Allocated Value column to partially allocate the transaction.
Transactions in a foreign currency should be allocated in that currency, and exchange rate differences will be posted along with the allocation so that the home currency balances.
Once all items are allocated, and the Allocated Balance = 0, click Process to continue.
Enter the Allocation Date, and select the required Year and Period for the posting.
Click Save to complete the process.