Hi Everyone: Would you please help me on below case: * Company ABC is both a customer and a vendor * In this month, we have an AP 100 and AR 50 to Company ABC * So we will pay company ABC ,$50 this month So when I use "Pay Single Vendor" , how to pick up that AR ,$50 under company ABC? If there is no way to pick that AR, what is the best practice ?

Hi @Kevenale Here's what you can do to offset the AR and AP amount and pay only the remaining $50: * Create a Journal Entry:* Debit Accounts Payable $50 * Credit Accounts Receivable $50 * Name the Vendor on the AP line. * Name the Customer on the AR line. * Apply the JE:* Go to Transactions > Payables > Pay Single Vendor * Apply the AP side of the JE against the vendor bill. * Go to Transactions > Customers > Accept Customer Payments * Apply the AR side of the JE against the customer invoice. * Pay the remaining $50 from Pay Single Vendor to settle all the balance Result: * Vendor Bill $100 → reduced to $50 payable. * Customer Invoice $50 → fully settled. * Pay Single Vendor will then pay only $50 for the remaining amount

nav[aria-label="Primary Navigation"] { padding: 0; & ul { list-style: none; width: 100%; display: flex; flex-direction: row; justify-content: start; align-items: start; gap: 30px; padding: 0; & li { margin: 0; } & ul li { list-style: none; } } }

Oracle Communities

Child Item

Accounting / ERP

Child Item

The Best Way to Offset AR/AP in a single transaction

Kevenale

Hi Everyone:

Would you please help me on below case:

Company ABC is both a customer and a vendor
In this month, we have an AP 100 and AR 50 to Company ABC
So we will pay company ABC ,$50 this month

So when I use "Pay Single Vendor" , how to pick up that AR ,$50 under company ABC?

If there is no way to pick that AR, what is the best practice ?

Find more posts tagged with

AR/AP offset

Component react.asset.answerThread had an error.

You are not allowed to view comments.

Child Item

Upcoming Events

SuiteWorld | October 25–28, 2026 | Las Vegas
Big ideas. No travel required. SuiteWorld On Air brings the best of SuiteWorld directly to you. Stream keynotes live, access exclusive virtual content, and connect with the NetSuite community from wherever you are. Explore what's next for NetSuite, see AI innovation in action, and discover practical insights designed to…
Learning Lab | DC
Drive better outcomes with AI built into NetSuite Next Capital Hilton,1001 16th St NW, Washington, DC 20036 Join NetSuite experts for a free half-day event where you'll get a tour of NetSuite Next, explore AI-powered capabilities built into the platform, and learn practical ways to optimize NetSuite for your business. At…
Inside the Suite | DC
Take NetSuite Next for a hands-on test drive Capital Hilton, 1001 16th St NW, Washington, DC 20036 What to expect: Inside the Suite is designed for companies exploring modern ERP solutions. This event gives you the opportunity to experience NetSuite Next - the next evolution of NetSuite that brings AI directly into how…
What's Next for Product Companies with NetSuite
WEBINAR What's Next for Product Companies with NetSuite See how NetSuite Next uses AI to improve accuracy and protect margins Ask. Understand. Act. Use Ask Oracle to search, navigate, analyze business data, surface insights, get guidance, and take action using natural language—all through a single conversational…

More events