The Mutual payments report allows you to track the turnover of funds, view mutual debts. The report shows the movement of goods and payments between your company and the counterparty. The report includes amounts for documents created in a given period. A positive closing balance indicates your debt, a negative one indicates the debt of the counterparty.
The Mutual payments report is accessible on Money → Mutual payments
The table’s columns:
Counterparty - the name of counterparty
Beginning balance - the balance with a counterparty on the beginning of period (From date field)
Income - the amount of products, services or payments you received
Expenditure - the amount of products, services or payments sent to the counterparty
Closing balance - the balance with a counterparty on the end of period (To date field)
If you click this icon , the detail window of mutual payments with counterparty will be opened. In this window you will see all the documents that affect on Closing balance value. If you click this icon opposite of document’s name, this document will be opened in new browser tab.