What is Automatic Offset ?

• It is a Accounts Payable feature & quite similar to Intercompany function in General Ledger.
• It is used to Create multiple Liability lines for the transactions between sister concerns (May be between sister companies).
• For Ex: Say two companies purchasing goods from same supplier. But When invoice is created only one supplier liability line is created whereas both the companies are liable to pay.
• Automatic Offset function helps here to create multiple liability lines to balance the journal at balancing level.
  
  You can set this option at Accounting area of Payable Option.
  There are three radio buttons 1. None 2. Accounts & 3. Balancing under Automatic Offset. On selecting.............
  
  1. None: No Automatic Offset will be done
  
  2. Accounts: The distribution line segments will be copied to the liability lines excepting Accounts segment which copied from the liability line itself.
  
  3. Balancing: Only Balancing segment from distribution line segments will be copied to the liability lines excepting Accounts segment which copied from the liability line itself.