Parallel invoice number

Requirement

Several countries have parallel invoice numbers. These numbers are used in online banking to validate invoice numbers, thus avoiding typing errors at invoice entry. The parallel invoice number is constructed in different ways, depending on the country. The most common structure is a prefix, followed by the invoice number, then a checksum. The checksum is calculated by a modulo x algorithm.

In accounts receivable, this functionality is required:

• The parallel invoice number can be generated, printed on invoices, and stored along with the ordinary invoice number.
• Cash can be allocated to the parallel invoice number or to the ordinary invoice number.

In this country, this parallel invoice number is named reference number.

M3 solution

These requirements are supported by M3.

Configuration guidelines

Not applicable.