Monthly billing invoice

New in Infor LN SP1

In some countries, for example, in Japan, it is common practice for organizations to send their customers a monthly statement of the open invoices. Such a statement is called a monthly billing invoice.

You can set up LN to generate montly billing invoices for your customers and to use self-billing for receipts from suppliers from whom you receive a monthly billing invoice.

The implementation of the monthly billing invoice affects the following packages:

  • In Financials, the following modules:

    • Accounts Payable
    • Accounts Receivable
    • Cash Management
  • Invoicing

For details, refer to Monthly billing invoices.

Note

In previous versions of LN, the monthly statement of invoices was available as a localization for Japan.

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