Configure a settlement account relationship

You configure the settlement account relationship, recording a settlement account link from one administration to the other administration. You can best do this in the first (main) administration.

With this link you can post entries from the first administration to the other administration. If you want to post an entry in the other direction, from the other administration to the first administration, you create a similar link in the other administration.

To configure a settlement account:

1. Go to: Financial / Management / Settlement account configuration.
2. Click on: New.
3. In the Administration number of and Ledger account fields, select the data from the first administration within which you process the daily entries.
4. In the Target administration number and Ledger account fields, select the data from the other administration with which you maintain the settlement account relationship.
5. Select the specially created journal in the other administration in Journal.
6. Click on: Finish.