Offset invoices against each other

Offsetting writes invoices off against each other — for example a credit note against an outstanding invoice — without any money coming in.

Offset invoices

1. Go to Sales invoices;

2. Select at least two outstanding invoices that cancel each other out (for example an invoice and the corresponding credit note);
3. Click Settle in the action bar;
4. Review the selected invoices and the Balance of the selection in the dialog;
5. Click Settle to confirm the offset.

The balance must be zero before you can confirm. The invoices are written off against the Offset balance account — no payment is booked.