Invoicing

The invoicing procedure includes these steps:

1. When orders are ready to be invoiced, the Operations Management packages release the invoice data of the orders to Invoicing.
2. LN generates the invoices for the invoice data that you select in an invoicing batch. The invoice data selection for an invoicing batch is controlled by an invoicing batch template, which defines the types and number of orders that can be grouped on one invoice.
3. When you create an invoicing batch, you must select invoicing options, which define the appearance of the invoices.
4. If you compose the invoicing batch, LN generates the invoices. Depending on various parameter settings, the invoice data lines can be combined on one invoice based on a number of composing criteria such as the order or project, the invoice-to address, and the payment method. You can also set up LN in such a way that the invoice for a sales order and the credit note for a return order are composed on a single invoice.
5. You can print a draft invoice to check whether the invoices are correct.
6. If the invoice is correct, you can print the original invoice which you send to the invoice-to business partner, and post the invoice to Financials where open entries are created in the Accounts Receivable module.
7. If corrections are required, you can undo the composition of the invoice. After the invoice data is corrected in Operations Management, you can repeat the invoicing procedure.