This is the account to which exchange rate gains or losses are posted when using the AR Payments and Adjustments program. You can override this account at the time of entering a payment against a foreign customer. Also, if you did not use the AR Currency Variance GL Interface program to define interface ledger accounts by branch/currency, then the AR Exchange Rate Revaluation program also uses this account to post exchange rate variances.

This is the account to which withholding tax entries are posted when processing customers' payments using the AR Payments and Adjustments program. You can only access this field if the Withholding tax required option is enabled against the Setup Options > Tax > Company Tax Options form.

If you enabled the option to request the tax portion for an invoice, then the tax portion of an adjustment or discount amount is posted to this account from the AR Payments and Adjustments program.

This is the account to which the value of customer invoices offset against supplier invoices is posted when using the Customer-Supplier Contra program (typically a debit). This could be the same code you enter at the Contra suspense field on the Payables form. The credit posted from offsetting the supplier invoices and the debit posted from offsetting the customer invoices are then posted to the same account, resulting in a zero balance in this account.

This account is used for tax relief and recovery in Accounts Receivable (reserved for future use).

This is the account to which the expense/revenue side of a Balance rounding correction is posted by the AR Period End program. This is an expense/revenue type account.

This is the account to which the balance sheet side of a Balance rounding correction is posted by the AR Period End program. This is an asset type account.