Settlement of Advance Amount

Infor LN

In Infor LN, the settlement of advances with installment is handled in the following ways:

  • Settle the advance with a particular installment : You can settle the advance against the installment specified in the Installment No. field in the Advance Payment Requests (tppin4110s000) session.
  • Settle the advance with the first available installment : The installment number is not linked to the advance when an advance payment request is created. In which case, the advance is settled with the first available installment.

Infor LN SP1

In Infor LN SP1, you can use the following two methods to settle the advance amount:

  • You can settle the advance against the installment specified in the Installment Number field in the Advance Payment Requests (tppin4110s000) session.
  • You can split the advance amount across various installments defined for the business partner. You can define the mapping of the installment numbers and the split advance amounts in the Advance - Installment Settlement Mapping (tppin0512m000) session. For more details refer to Advance - Installment Settlement Mapping (tppin0512m000) session.
Note

The advance/installment amounts can be increased or decreased before they are transferred to LN Central Invoicing.

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