Specifying a vendor-issued bill of exchange for a released invoice

If you receive a vendor-issued bill of exchange payment for a released invoice or for more than one invoice, use this procedure to specify the bill of exchange, apply the released invoices to the bill of exchange, and then release the bill of exchange.

Specify a vendor-issued bill of exchange for a released invoice

  1. Use Bills of Exchange Entry (AP56.1) to specify the bill of exchange payment.
  2. Apply the bill of exchange payment to one or more released invoices.
    If Then
    The amount you want to apply equals the invoice amount Use Bill or Exchange Invoice Application (AP56.2) to apply the bill of exchange payment
    The amount you want to apply is for only a part of the invoice amount

    1. Use Payment Schedule Adjustment (AP30.3) to split the invoice into two or more payments.

    2. Use Bill of Exchange Application (AP56.2) to apply the payment.
  3. Use Bill of Exchange Entry (AP56.1) to release the applied bill or exchange payment. The applied amount must equal the payment amount before you can release the payment.