Close off types are used as part of Closing off salesAnchor H_7692 H_7692 (on page ). A close off type groups together payment methods that you want to reconcile and post to the general ledger.
Close off types
Sales can be closed off on a periodic basis, for example:
...
No reconciliation or cash receipts are generated when an individual close off is processed. See Sales Close Off - Individual window (on page ).
Split payments
When the sales close off contains any split payments where part of the payment is allocated to a debtor's account, Synergetic:
- writes a charge for the full amount to the debtor when the daily close off is done
- generates a receipt for the amount already paid (by cash, credit card, EFT or cheque).
The Debtor Maintenance - History tab will show the transaction total and the amount already paid. These amounts appear on the next debtor statement.
Close off types are maintained by business unit in Synergetic Financial Configuration - Business Units - Sale Payments sub-tab in the System maintenance manual.