| Invoice-to Business Partner Open Entries (tfacr2520m000)Use this session to list the sales invoice
details for the selected business partner. The session displays tax details, advance receipt details,
invoice amount, and balance amount in the invoice currency and home currency of
a business partner. Business Partner Invoice-to Business Partner The business partner to which you send invoices. This usually
represents a customer's accounts payable department. The definition includes
the default currency and exchange rate, invoicing method and frequency,
information about the customer's credit limit, the terms and method of payment,
and the related pay-by business partner. Invoice-from Business Partner The business partner that sends invoices to your organization.
This usually represents a supplier's accounts receivable department. The
definition includes the default currency and exchange rate, invoicing method
and frequency, information about your organization's credit limit, the terms
and method of payment, and the related pay-to business partner. Balances Accounts Receivable Balance The total invoice balance of
the invoice-to business partner. The business partner's currency. Accounts Payable Balance The total invoice balance of
the invoice-from business partner. The business partner's open entry balance in the current
financial company. The currency in which balances of entities shared by all the
companies of a financial company group are expressed. For example, LN uses the reference
currency for business partner balances. Note - The reference currency is the common base currency of the
companies in a multicompany structure.
- For currency systems other than the standard currency system, the reference currency is a
company's base currency for all calculations with currencies.
General Document Date The date on which the invoice is created. The date is used
for allowed terms of credit, due dates, and discounts. Due Date In LN, the
date that a payment or receipt is required. Amount in Invoice Currency The total invoice amount expressed in the invoice
currency. The currency in which the invoice amount is expressed. Transaction Reference A user-defined description of the transaction. Doubtful If this check box is selected, the invoice is marked as
a doubtful invoice. Balances Tax Amount in Payment Currency The tax amount in the invoice currency. Invoice Balance Anticipated Balancein Invoice Currency The invoice balance shows the amount that is yet to be received. This amount is expressed in the invoice currency. Balance Amountin Home Currency The balance amount. This is
the open invoice amount expressed in a home currency. From the Tools menu, choose Rotate Currency to switch home currencies. Balance Amount in Invoice Currency The balance amount for the
invoice that remains to be paid. Balance in Home Currency The balance amount. This is
the open invoice amount expressed in a home currency. From the Tools menu, choose Rotate Currency to switch home currencies. First Discount Date The first discount date indicates the last date on which a
discount is given over the invoice amount. First Discount Amount The percentage of the invoice amount that can be subtracted
on payment within the first discount period. Second Discount Date The second discount date indicates the last date on which a
discount is given over the invoice amount. Second Discount Amount The percentage of the invoice amount that can be subtracted
on payment within the second discount period. Third Discount Date The third discount date indicates the last date on which a
discount is given over the invoice amount. Third Discount Amount The percentage of the invoice amount that can be subtracted
on payment within the third discount period. Dimensions Dimension 1 The first dimension to which the transaction must be
posted. Dimension 2 The second dimension to which the transaction must be
posted. Dimensions Analysis account for ledger accounts to get a vertical view on
ledger accounts. Dimensions are used to specify ledger account information. Miscellaneous Payment Terms Agreements about the way in which invoices are paid. The payment terms include: - The period within which invoices must be paid.
- The discount granted if an invoice is paid within a given
period
The payment terms allow you to calculate: - The date on which the payment is due
- The date on which the discount periods expire
- The discount amount
Payment/Receipt Method The way in which the payment (purchase invoice) or the direct
debit (sales invoice) takes place. The payment method defines details such as,
the maximum amount, the type of due date, if foreign currencies are allowed,
and which details must be printed on the report. These details are default values that you can change on the
order or invoice as necessary. Customer's Bank The pay-by business partner's bank. Problem Code The problem code assigned to the invoice. Problem Date This date indicates when an invoice was recorded as a
problem code invoice. Country The country to which tax
on this invoice must be paid. Tax Amount in Payment Currency The tax amount expressed in the payment currency. Reason for Payment A code used for Z4 reporting. You can select a reason for payment for a
Sales invoice or Sales credit note if the Z4 Reporting Applicable is set to Receipts, or Payments and Receipts in the CMG Parameters (tfcmg0100s000) session. Text If this check box is selected, text is
present. Letter The reminder letter number. Order The number of the sales order related to this invoice. The business partner's open entry balance in the current
financial company. Control Account A ledger account used to reflect the balance of a number of
related subsidiary accounts. In LN, 'control account' usually refers to the creditors' account or the
debitors' account defined for the financial business partner groups in Accounts Payable and Accounts Receivable. In addition to the creditors' account and the debitors'
account, you can define a number of specific control accounts for a business
partner group, such as control accounts for doubtful invoices, advance and
anticipated payments or receipts, and realized and unrealized currency profit
or loss. | |