Payables to Ledger Reconciliation report

Payables Aging reports with the General Ledger Trial Balance report

General Ledger Financial Statements and the Accounts Payable and Invoice Registers

Payables Trial Balance and General Ledger Trial Balance reports

Standard, Credit Memo and Debit Memo

Standard, Credit Memo and Customer Refund

Standard, Credit Memo, and Invoice Request

Standard, Debit Memo and Customer Refund

Invoice accounting - Dr Prepayment Account 10000 Cr AP Liability Account 10000.The prepayment application has no impact on the Invoice.

Invoice accounting - Dr Expense Account 10000 Cr AP Liability Account 10000.Prepayment application - Dr AP Liability 8000 Cr Prepayment Account 8000.

Invoice Accounting - Dr Prepayment Account 10000 Cr AP Liability Account 10000.Prepayment application - Dr Expense Account 8000 Cr Prepayment Account 8000.

Invoice accounting - Dr Expense Account 10000 Cr AP Liability Account 10000.Prepayment application - Dr AP Liability Account 2000 Cr Prepayment Account 2000.

Terms Date

Payment Method

Invoice Date

PO Number

Invoice Number

Data for all business units and one balancing segment in the ledger

Data for authorized business units only; no GL data is visible

Data for all business units and all balancing segments in the ledger

Data for authorized business units and GL data for all balancing segments in the ledger (unless restricted)

Supplier Portal Invoices which are rejected and resubmitted for approval

ScannedInvoices with incomplete or missing information

Scanned Invoices which are rejected during import

Prepayment Invoices which are fully paid but not applied against any invoice

Supplier Portal Invoices which are saved but not yet submitted

A supplier can make changes to the invoice after submitting it.

A supplier can submit a single invoice against multiple purchase orders across different currencies and organizations.

A supplier can submit a single invoice against multiple purchase orders, provided the currency and organization for all the invoice items are the same as those on the purchase orders.

A supplier can submit invoices against open, approved, standard, or blanket purchase orders that are not fully billed.

A supplier canvalidate the invoice after submitting it.

Approval Groups

Sequential

Both Parallel and Sequential

Parallel

Serialand FYI (For Your Information)

For period end accruals, accounting is created at material receipt or at delivery to a final destination.

For period end accruals, the invoice accounting debits the expense account and credits the liability account.

For perpetual accruals, the invoice accounting debits the accrual account and credits the liability account.

For period end accruals, the invoice accounting for inventory items debits receipt inventory and credits the uninvoiced receipts.

Ledger Set

Supplier

Balancing Segment Value

Business Unit

Natural Account

Legal Entity

A stop payment request has been initiated to the bank.

A bills payable payment wascreated but is not yet matured.

The payment is reconciled to the bank statement.

The payment is no longer valid.

Customers cannot use invoice imaging in the Cloud.

Customers scan and store the invoice images on-premise and attach them during invoice entry.

Customers ask their suppliers to scan and email the invoice.

Customers ask suppliers tosend electronic invoices.

Customers scan the invoice on-premise and email the images.

Electronic output format of XML, Check output format of rtf

Electronic output format of eText, Check output format of rtf

Electronic output format of Text, Check output format of Text

Electronic output format of DATA (csv), Checkoutput format of Zipped PDFs

Electronic output format of PDF, Check output format of PDF

open intercompany transactions

unapplied prepayments

suppliers on payment holds

bills payable requiring maturity

unaccounted invoices and payments

Legal Entity

Bank

Business Unit

Bank Account

Supplier