Adjust interest invoice proposal and create final invoice for a payer in (ARS160)

You can adjust a previously created interest invoice proposal for one or several payers. You can also create one or several interest invoices based on the proposal in 'Interest Invoice. Open' (ARS160)

Before you start

Before you start, you must meet these prerequisites:

Follow these steps

Adjust interest invoice proposal

  1. Start ‘Interest Invoice. Open’ (ARS160/B).

    The panel lists previous interest invoice runs and proposals, date when generated, created by, and interest status.

  2. Select option 'Change for the proposal'.

  3. Panel (ARS165/B) is activated, listing the payers included in the proposal and the payer status.

    These are the statuses used:

    • 0 = The payer is included in the interest invoicing routine.
    • 3 = The payer has been blocked from the interest invoicing routine and will not be included in the final generation of interest invoices based on the proposal. This interest invoice block status is manually set on the following panel, (ARS165/E).
  4. On panel (ARS165/B), set the panel sequence.

    This instruction is based on panel sequence EF1.

    Delete, block, or release payers in the interest invoice proposal

  5. Select any of these options for each payer:

    • Option 2=Open: Add or adjust opening and closing comments for the interest invoice(s). Continue with step 6.
    • Option 3=Hold: Block the payer from the proposal and when creating the final interest invoices.
    • Option 6=Release: Release a payer previously blocked from the interest invoice routine.
    • Option 4=Delete: Delete the payer completely from the proposal and the final interest invoicing.
    • Option 4=Delete: Delete the payer completely from the proposal and the final interest invoicing.

    Review or create texts for the interest invoices

  6. On panel (ARS165/F), specify an opening comment using the nine text fields and, if needed, the two additional information lines. Press Enter.

    If a standard opening comment is defined for the language used in ‘Interest Invoicing Rule. Enter Text’ (ARS080/E), the text is automatically retrieved but can be changed.

    You can block the payer from the interest invoicing by setting the parameter Interest invoice block to 3 or released from a previous block by setting this parameter to 0.

  7. On panel (ARS165/G), specify a closing comment using the nine text fields and, if needed, the two additional information lines. Press Enter.

    If a standard closing comment is defined for the language used in (ARS080/F), the text is automatically retrieved but can be changed.

    When pressing Enter, panel (ARS166/B) is called, listing all invoices included in the proposal per customer and currency. The following information is displayed:

    Customer number, division, invoice number, currency, invoice date, currency amount, number of calendar days for the interest calculation, cumulative interest in currency amount, and interest invoice block status.

    The following statuses are used: 0 = The invoice will be included in the final interest invoicing; 3 = The invoice is blocked from interest invoicing.

    Invoices that are fully paid but paid too late are highlighted.

    Adjust separated invoices in the proposal

  8. Select any of these options to adjust an invoice:

    • To add text to each invoice record in the printed interest invoices, select option Open. Continue with step 9.
    • To block an invoice from being included in the final interest invoicing, select option 3=Hold.
    • To release a previously blocked invoice, select option 6=Release.
    • To release a previously blocked invoice, select option 6=Release.
  9. On the (ARS166/E) panel, specify up to three additional lines of text.

  10. On the same panel, change the block status for the invoice, when needed.

    Create the final interest invoice

  11. When the proposal is adjusted, return to the (ARS160/B) panel.

  12. To print the final interest invoices included, select option 6=Print for the proposal on the (ARS160/B) panel.