Transactions (tfgld1102m300)

Use this session to enter transaction lines for the following:

  • Purchase invoices related to general costs. These invoices are referred to as cost invoices.
  • Sales invoices
  • Journal vouchers
  • Cash transactions of type Journal

Field Information

Document

transaction type

Document Number

document

Line

The transaction line number.

Total Amount

The total amount expressed in the transaction currency.

Total Tax

The tax amount to be paid over a transaction amount.

Either Debit or Credit.

Remaining Amount

The remaining payment/receipt amount of the transactions.

Either Debit or Credit.

Document
Transaction Details
Serial Number

The transaction's serial or sequence number. For cash journals the serial number replaces the line number, because transactions are specified by line.

Financial Company

financial company

Business Partner

business partner

Transaction Reference

transaction reference

Ledger Account

ledger account

Contra Account

The ledger account to be considered as contra account. You must specify the contra account when you create the transaction line for the first time. For the subsequent lines Infor LN defaults the Ledger Account and the Contra Account. This defaulting mechanism is based on the standard defaulting mechanism of Infor LN which always tries to set the balance of the Recurring Journal of type Journal Voucher to zero. Related topics Standard Algorithm

If in the intercompany transactions, the user creates a line with the target company different from the current company, the contra account of this line is automatically set to the proper intercompany account.

If you exit the session, Infor LN checks for each line in the document if the contra account is used as a ledger account in the same document. If not used, Infor LN displays a message ‘Contra Account in Line # is not used in Document #’. This does not apply to inter-company accounts.

Note: This field is available only if Report Contra Accounts check box is selected in the Finance Company Parameters (tfgld0503m000).
Dimension 1

dimension type

Dimension 2

dimension type

Dimension 3

dimension type

Dimension Description

dimension

Cash Flow Reason

If the transaction must be included in the cash flow statement, this field contains the cash flow reason.

Amount / Tax
Currency

transaction currency

Debit / Credit

Indicates whether the amount is a debit amount or a credit amount.

Transaction Amount

The transaction amount in the transaction currency.

Debit Amount

The debit amount in the transaction currency.

Credit Amount

The credit amount in the transaction currency.

Debit Gross Amount

The debit gross amount in the transaction currency.

Credit Gross Amount

The credit gross amount in the transaction currency.

Debit Net Amount

The debit net amount in the transaction currency.

Credit Net Amount

The credit net amount in the transaction currency.

Amount in Home Currency

The transaction amount expressed in the home currency. From the Tools menu, choose Rotate Currency to switch home currencies.

Tax Code

The country where you pay tax.

Note: If the parameter Registration by Tax Country is set to Active, this field is retrieved from the invoice header and cannot be modified.

Tax Code

tax code

Registration Code

The registration code of the jurisdiction by registration.

Identification Number

The identification number associated with the registration code.

Identification Number

The business partner identification number.

Group Tax Code

group tax code

Gross/Net

The amount entered in transactions.

The amount can be:

  • Net
  • Gross
Tax Amount in Payment Currency

The tax amount in the transaction currency.

Tax Amount in Home Currency

The tax amount in the home currency.

Exclude from Payment Discount

If this check box is selected, the transaction line of the received purchase invoice is excluded from Payment Discount calculation.

Text

If this check box is selected, a text is present.

Tax
Tax Origin

The tax type defines the type of transaction: Purchase or Sales.

Tax Ledger Account

tax account

Miscellaneous
Periods
Fiscal Period

The year number which, together with the tax period, determines the tax period for this transaction.

separator

Fiscal Period

The period number which, together with the tax year, determines the tax period for this transaction.

Reporting Period

The reporting year.

Reporting Period

The reporting period.

Quantities
Quantity 1

The quantity expressed in Unit 1 selected for the ledger account in the Chart of Accounts (tfgld0508m000) session.

Unit 1

The unit in which the quantity is expressed.

Quantity 2

The quantity expressed in Unit 2 selected for the ledger account in the Chart of Accounts (tfgld0508m000) session.

Unit 2

The unit in which the quantity is expressed.

Fixed Assets (FAM)
Asset Number

For fixed asset transactions, the asset number and asset extension.

Effective From

The type of effective-from date.

The types of effective-from date are:

  • Effective Date: If this option is selected, the adjustment occurs on the date specified.
  • In Service Date: By default, this option is selected if no adjustment occurs.
Adjustment Date

The date on which the adjustment is made.

Withholding Tax
Withholding Tax

If this check box is selected, the invoice includes the withholding income tax amount.

Budget Control
Budget Exception

If this check box is selected, a budget exception or an error occurred in the Posting Data of Standing Orders/Stand-Alone Pmt (tfcmg1515m000) session.

To correct the problem, you can decrease the amount, or use a different budget account by changing the ledger account and/or dimensions. If no error occurred in this area, the budget controller must resolve the exception. In case of a setup error, the error must be corrected in the area in which it was caused.

Note: This check box is only displayed if Budget Control functionality is used.
Text
Transaction Text

If this check box is selected, a text is associated.