Billing overview
Through Lawson Billing, you can define and maintain pricing, discount, and invoice parameters for the billing needs of your company.
This table shows the major processes for Lawson Billing:
| Processes | Description |
|---|---|
| Setup | While setting up Billing, consider the requirements of
your central reporting structure and pricing requirements of your company.
Specifically, you must determine what type of pricing structure best suits your company and what kind of control is set for invoicing. Plan the Billing setup, set up Billing, and set up pricing. |
| Invoicing | You can create and release invoices and update invoice files using these
applications:
You can also create invoices and credit memos, define recurring invoices, and print invoices. |
| Period closing | Close the Billing period before the General Ledger period. When closing the Billing period, you can use the Billing application to check for outdated records in the General Ledger, such as invoices and returns. If any outdated records exist, you must create a report for these records and update the Billing application. |
Before you can use Lawson Billing, you must set up the company information in the General Ledger, Accounts Receivable, and Inventory Control applications.
See Billing setup plans.