AR/AP Netting
The Problem:
When a partner is both your customer and your vendor, settling invoices usually requires manual, messy Journal Entries that leave no paper trail and confuse auditors.
The Cloudora Solution:
Cloudora features a one-click Smart AR/AP Offset Engine. Instead of manual journal entries, Cloudora automatically handles the cross-settlement and generates physical, audit-ready documents for both sides of the transaction instantly.
Key Features
Audit-Proof Documentation
Unlike basic software that just silently changes the balance in the database, Cloudora automatically generates a formal Receipt (ใบเสร็จรับเงิน) for the AR side and a Payment Voucher (ใบสำคัญจ่าย) for the AP side during an offset. Auditors have a perfect paper trail, even when no actual cash changes hands.
Flexible Mixed Payments
If a vendor owes you $4,000 but you owe them $10,000, Cloudora allows you to apply the $4,000 credit offset and easily pay the remaining $6,000 via cash or cheque in a single, unified transaction screen.
Real-Time GL Synchronization
The exact millisecond the offset is approved, our metadata-driven accounting engine posts the exact Debits and Credits to your General Ledger. Your Subledgers (AR/AP) and your General Ledger are never out of sync, meaning your Trial Balance is accurate up to the second.
Error-Free Rule Enforcement
Powered by Cloudora's intelligent database architecture, the system dynamically reads payment terms (Cash vs. Credit) and routes every transaction to the correct accounts without requiring accountants to manually key in GL codes.