Generate multiple transactions

This option allows you to process transactions for all customer accounts that matches specific criteria. You may also process transactions for vendor's with charge amounts.

To generate multiple transactions:

1.On the Action ribbon, select Journal entry (F2).

2.Select the Journal type (except Payment and Receipt Journals, which is linked to Bank accounts) and click on the Open button.

3.Enter the Alias (journal name) in the Change alias field.

4.Click on the F10:Setup icon and select the Contra account.

5.Click on the F9: Process icon. The "Process the journal" screen will be displayed.

6.Select the "Generate multiple transactions" option.

7.The following five (5) options are available:

a)Balance customers with amount < x.xx Cr - Generate transactions for those Customer accounts, which have an outstanding balance of less than the amount you specify.

b)Customers with charge amount - Generate transactions for those Customer accounts, which have a charge amount entered in the Action →Customer  (Accounting information tab).

c)Vendors with charge amount - Generate transactions for those Vendor accounts, which have a charge amount entered in the Action →Vendor  (Accounting information tab).

d)Fixed amount to all customers - Generate transactions for all Customer accounts, to charge a fixed specified amount.

e)Interest on overdue customers - Generate transactions for those Customer accounts, which are overdue and have a percentage monthly interest entered in Action →Customer  (Accounting information tab).

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