Generate Recurring Purchase Invoices (tfacp1202m000)
Use this session to generate recurring invoices.
The recurring invoice information can be maintained in the Recurring Purchase Invoices (tfacp1113s000) session.
The recurring invoices are automatically generated for original invoices that satisfy the specified ranges of the following details:
- Fiscal Year
- Business Partner
- Transaction Type
- Document Number
The generated recurring invoice is posted to the new fiscal year and period.
Payment schedules
If a payment schedule is linked to the payment terms of the original invoice, LN generates payment schedules for the recurring invoices based on the same payment schedule definition. The due dates for the payment schedule lines are based on the new document date of the recurring invoice.
For details, refer to Payment schedules – overview
Purchase invoice authorization
If you select the Approve Cost Invoice for Payment check box in the ACP Parameters (tfacp0100m000) session, an assigned approver must remove the hold reason from the generated invoice before the Approve Before date.
Field Information
- Period Separator
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The separator between the year and the period.
- With Batch Reference
-
The reference to identify the transactions.
- Hold Reason
-
The hold reason that is linked to the generated recurring invoice.
- Assigned Approver
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The assigned approver that is linked to the generated recurring invoice.
- Approve Before
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The date before which the invoice must be approved.