Processing trade notes payable

To process trade notes payable

To process trade notes payable, use the following sessions:

  1. Payment Advice (tfcmg1609m000)

    Create a new payment advice batch. Set the Type of Advice field and specify the invoice number in the Document field, the amounts details are defaulted. In the Payment /Bank Details tab, select the Payment method.

  2. Generate Trade Notes Payable (tfcmg1225m000)

    Specify the batch number created in the Payment Advice (tfcmg1609m000) session and select Generate to generate the trade note payable.

  3. Trade Notes Payable (tfcmg1525m000)

    Review the trade note payable number generated in the TNP Number field and the TNP Status is set to Open. Select Post TNP on the appropriate menu, to create posting for the first trade note step. The Posting Data (tfcmg1258m000) session opens.

  4. Posting Data (tfcmg1258m000)

    Select Post to create posting for the trade note step. In the Trade Notes Payable (tfcmg1525m000) session, the TNP Status is updated with the status Issued.

  5. Process Trade Notes Payable (tfcmg1226m000)

    Select payment method and set the next trade note step in the Next Step field and select Process to process the trade notes.

  6. Selected Trade Notes Payable for Processing (tfcmg1526m000)

    Use this session to view and select trade notes payable for processing. Select the Update Status check box and on the appropriate menu, select the Process to process the trade note payable selected.

  7. Posting Data (tfcmg1258m000)

    If the postings are not generated earlier, select Post to create posting for the trade note step. In the Trade Notes Payable (tfcmg1525m000) session, the TNP Status is updated with the status Issued.
  8. Repeat the above steps until the TNP Status in the Trade Notes Payable (tfcmg1525m000) is set to Paid.

  9. Remove Settled Trade Notes Payable (tfcmg1225m001)

    Select Remove to remove the selected range of trade notes. The trade notes with the TNP Status set to Paid, Cancelled, Dishonored, or Void are removed and also the documents linked to these trade notes are removed.