Accounts Receivable

This topic describes the differences between the Accounts Receivable module in Infor LN SP1 and in Infor LN FP2 that are not already discussed in other Differences topics.

New and changed functionality

  • Interest Invoices

    In the Interest Invoice Parameters (tfacr5101s000) session, the following chech boxes were added:

    • Interest on Interest Invoice
      If this check box is selected, LN generates interest invoices for interest invoices in the same way as for other types of invoices.
    • Interest on Adv. / Unalloc. / Credit Notes
      If this check box is selected, LN takes into account advance payments, unallocated payments, and credit notes for the generation of interest invoices.
  • Tax code for interest invoices

    If you select the Common Tax Code check box, for interest invoices LN uses the tax code you specify in the Interest Invoice Parameters (tfacr5101s000) session.

    If you clear the Common Tax Code check box, for interest invoices LN uses the tax code of the invoice.

    Independent of the selection of this check box, LN uses the default tax country of the business partner of the invoice.