Accounts Payable (AP) Invoice Structure

Invoice Structure
It will have Header
It will have Lines				>>	We can have multiple lines		>>	In lines we maintain lines
It will have Distributions				>>	In Distribution we can maintain Taxes, Freight etc.,

	Invoice Structure
	Header			10,000

	Lines	Laptop		10,000	>>	Can have multiple lines
					>>	In lines we can specify that invoice amount belongs to which items
	Distributions		Laptop	9,500
Accounts			Tax	200
			Freight	300	>>	For each line we have distributions. This 10,000 belongs to which accounts.
						we can give them in distribution level.

	Types of Distribution Sets
	1. Full Distribution Set
	2. Skeleton Distribution Set
	Full Distribution Set				Skeleton Distribution Set			Laptop Distribution Set
	Laptop Distribution Set				Laptop Distribution Set			Laptop	80%	Here system
	Laptop 80%				Laptop 0%			Tax	10%	will distribute
	Tax 10%				Tax 0%			Freight	10%	amount automatically
	Freight 10%				Freight 0%
	Amount will be distributed				Accounts will be appeared you
	automatically				have to enter the amounts
	Here Distribution percentage is 100%				Here Distribution Percentage is 0%
	If you create one distribution set. It can be accessed by one Business Unit (BU) only.
	It is not possible to assign multiple distribution sets to a single supplier

Comments

Finance All Modules Process Flows

To- Be Process Flow General Ledger Manual Journal Approval Process Flow Journal Management Invoice Process Flow for Equipment Orders Payment Receiving Through Lock Box Process Flow Collections Overview Process Flow Process Flow to Handle Delinquent Customer Collections Process Flow Payable Invoice (PO Matched) workflow process Payable Invoice (Non PO Matched) Workflow Process Payment Batch Process IDR Process Flow To-Be Process Flow Bank Reconciliation - Payment Payables to Fixed Assets Flow Process Flow - Transfer Assets Process Flow –Reclassification (Change Category) Process Flow – Retire Asset Process Flow – Reinstate Asset Process Flow – Impairment Process flow- Depreciate Assets CORP Book to Tax Book TO-Be Process Flow – General Ledger Manual Journal Approval Process Flow Journal Management

Erpzen

Search This Blog