Creating Payables invoices

  1. Select Manage Invoices.
  2. Select an applicable tab and click Create Invoice.
  3. On the Main tab, specify this information:
    Invoice Entry Template
    Select the invoice template.
    Invoice Type
    Select the invoice type. These options are available:
    • Invoice: The amount owed to the vendor is increased and, when fully processed, the vendor's purchase and payment balances are increased.
    • Credit Memo: The amount that is owed to a vendor is reduced. An example of this memo is a note of credit from a vendor or an internal adjustment to a vendor's balance. The vendor's purchase and payment balances are reduced when this process is completed.
    • Debit Memo: A debit memo is processed like an invoice and the vendor balance is increased.
    • Prepayment: A prepayment is a deposit or payment that is made to a vendor before the invoice is received.
    Company
    Select the Payables company number. If you are creating an intercompany invoice, then this represents the From company.
    Process Level
    Process level is a required field. If your company has only one process level, set it as a default when setting up process levels. With the default set, this field must be blank.
    Vendor
    Select a vendor, unless one of these conditions is true:
    • You are creating a match invoice and a purchase order number. The vendor number from the purchase order is used.
    • You are creating an invoice for a one-time vendor. You can create the one time vendor here.

      To create a one-time vendor, on the Select Vendor page, click the Create One Time Vendor button.

    Pay Vendor
    Select the pay vendor.
    Invoice Number
    Specify an invoice number. The invoice number must be unique for the company and vendor.
    Invoice Date
    Specify an invoice date. Details about how the invoice date and due date are used to select invoices for payment are elsewhere in this user guide.
    Due Date
    Specify the invoice due date.
    Payment Terms
    Select the payment terms. If a payment term is used, then the due date and discount information is calculated. If terms codes are defined on Vendor Location, then Remit To is not used on the invoice. Terms codes from the Purchase From location are the default.
    Invoice Amount
    Specify the amount of the invoice. Verify that the invoice amount is equal to the total amount of the expense distribution lines.
    Currency
    Select the currency for the invoice.
    Description
    Provide a description of the invoice.
    Remit To Location
    Select the vendor location where payments are remitted.
    Ship To Location
    Select the ship to location.
  4. In the Expense Distribution Code section, specify this information:
    Distribution Code
    Select the distribution code.
    Units
    Specify the units when using a distribution code.
    Account
    Specify the posting account for the distribution code.
  5. In the Processing and Approval Section, specify this information:
    Invoice Routing Category
    Select an invoice routing category.
    Approval Cost Center
    Specify the approval cost center.
    Approval Category
    Select the approval category.
    Routing Finance Team
    Select the finance team for the routing approval.
    Routing Team Member
    Select the team member for the routing approval.
    External Purchase Order
    Specify the external purchase order.
    Post Date
    Specify the payment posting date.
    For Intercompany Billing
    Select this check box if this invoice is for intercompany billing.
  6. On the Additional tab, in the Add On Charge section, specify this information:
    Add On Charge
    Select an add on charge code if the invoice is subject to additional charges.
    Prorate Amount
    Specify the amount of the add on charge.
    Prorate Account
    Specify the account string to which the add on charge is posted.
  7. In the Discount Information section, specify this information:
    Discount Code
    Select a discount code if the invoice is subject to discounted terms. This list shows the default values in the order of priority:
    • Company Vendor
    • Remit to Code
    • Pay Vendor from Normal Remit to Location
    • Purchase From Location
    Float Days
    Specify the number of days to add to the calculated discount date.
    Flexible Terms
    Select this check box if the invoice is subject to flexible terms.
    Anticipate
    Select this check box to calculate the advantages of applying a discount or paying an invoice in full terms, depending on interest earned. The required prime rate is specified on the vendor record.
  8. In the Codes section, specify this information:
    Authority Code
    Select an authority code to approve the invoice or a portion of the Payables process.
    Diversity Code
    Select a code to identify a category of diverse procurement.
    Accrual Code
    Select the accrual code.
    Retainage Accrual Code
    Select an accrual code of invoices, payments, and distributions for vendor agreements with retainage. If this field is specified on the invoice level, then this code overrides the retainage accrual code at the Company and Process Level.
    Reason Code
    Select a reason code.
  9. In the Rebate Received Information section, specify this information:
    Contract Group
    Select a contract group for rebate receiving.
    Contract
    Select a contract for rebate receiving.
    Rebate Type
    Select the rebate type.
    Due Date
    Specify the due date for the rebate.
  10. In the Miscellaneous section, specify this information:
    Reference Type
    Select an invoice reference to indicate the type of number that the vendor provides to reference the invoice.
    Bill From
    Selct the bill from address.
    Invoice Receipt Date
    Specify the date the invoice is received for processing in Payables.
    Certification Number
    Specify the certification number.
    Certification Date
    Specify the certification date.
    Reference
    Specify a user reference to maintain with the invoice.
    Bill To
    Select the bill to address.
    Purchase From
    Select the vendor from which purchases are made.
    Retail Amount
    Specify the retail amount.
  11. On the Payment tab, specify this information:
    Cash Code
    Select a cash code for the invoice payment. This code represents a bank account. If this field is blank, then one of the cash codes that is assigned to one of these records is used:
    • The remit to location
    • Vendor
    • Vendor class
    • Process level company
    • Pay group
    Default Income Code
    Select an income code for the invoice. An income code defines an invoice as reportable income for the vendor.
    Reportable Income Amount
    Specify the reportable amount of the invoice. If this field is blank, then the reportable amount is the invoice amount minus the discount.
    VAT Split Payment
    Select this check box if the invoice is eligible for VAT split payment. The VAT split amount is included in the payment output files.
    Payment Code
    Select a valid payment code for the invoice payment. This code represents a type of cash or bill of exchange payment. If this field is blank, then the payment code that is assigned to the remit to location, vendor, vendor class, or pay group is used.
    Vendor Payment Amount
    Specify the amount that the vendor expects as payment for the invoice.
    Currency
    Select the payment currency of the vendor.
  12. In the Processing Options section, specify this information:
    Payment Priority
    Specify a payment priority.
    Invoice Group
    You can assign a user-defined invoice group to the invoice that is used to select invoices for payment. See the Financials Setup and Administration Guide. If this field is blank, then the invoice group that is assigned to the remit to location or vendor is used.
    Secondary Withholding
    Select this check box if secondary withholding codes are used for the invoice.
    Separate Payment
    Select Yes to create an individual payment for this invoice. If you do not select this option, then one payment form to pay all invoices for the same vendor is created when Payment Forms Creation or Bill of Exchange Creation is run.
    Pay Immediately
    Select Yes to schedule the invoice for immediate payment regardless of the due date. Payment occurs when Cash Requirements or Bill of Exchange Creation is run.
    Enclosure
    Select whether an enclosure is required for the payment of this invoice. If you select this field, then you can group payments to which enclosures are required when you run Cash Requirements.
  13. In the Manual Payment Information section, specify this information:

    If you define manual payment information, the manual payment can only be used to pay this individual invoice. The invoice must be a base currency invoice. After you release the invoice, you cannot manually change payment information.

    This list shows the functions when using Cash Payment Entry or Bill of Exchange Entry:

    • Create a manual payment for more than one invoice
    • Create a manual payment for a base currency invoice
    • Apply more than one invoice to a payment
    Payment Number
    To create a vendor-issued bill of exchange, specify the bill of exchange payment number.

    To create a manual payment for the invoice, specify the payment number. If the payment number is specified, then the payment code must be a valid cash or bill of exchange payment transaction code defined for manual payment in Cash Management. If manual payment reservation is required for the payment code, then the payment number must be reserved in Manual Forms Reservation.

    Date
    If you specify a payment number for a cash payment, specify the payment date. If you specify a payment number for a bill of exchange payment, specify the bill of exchange payment due date.
    Amount
    If you specify a payment number, specify the amount of the payment. The payment amount must equal the Invoice Amount or the Invoice Amount minus any available discount amount.
  14. In the Recurring Invoice Options section, specify this information:
    Recurring Frequency
    Select the frequency of the invoice processing.
    Number Of Recurrences
    Specify the number of processing recurrences.
  15. In the Bank Instructions section, specify up to four bank instructions to override any bank instructions set on the vendor or vendor location.
  16. Click Save.