...
- The settlement date is entered, and the date resides within an open fiscal period
- Fiscal period must be open to Sales when the batch type is Accounts Receivable.
- Fiscal period must be open to Purchasing when the batch type is Accounts Payable.
- At least one payment or a write off has been recorded in the batch.
- Write off GL account and Write off reason code are selected when a write off is recorded in the batch.
- The Default Transaction Class is setup in the Sales Program Preferences.
Validating the batch also updates the ‘Total Settlement’ amount in the header section and enables the Process toolbar icon.
...