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AP: Create Hold and Release Reason/Invoice Holds

 

Create Hold and Release Reason/Invoice Holds             
There are two types of holds             
1. Manual Holds>>We can place and we can release.           
2. Automatic Holds/System Holds>>system will place and system only can release the holds. And few system holds            
  can be released manually.           
              
System holds can be released manually - Eg: when we checked the check box called "Hold Unmatched Invoices" then we can release it manually here we set the rule for that business unit              
now we are releasing it manually. These sort of holds can be released manually.             
              
Setups             
Create Hold Name and Release NameTaskManage Invoice Holds and Releases           
              
Hold Reason             
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
Release Reason             
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
*In the task Manage Invoice Options if we check the checkbox called Hold Unmatached Invoices. System will place them on hold.             
*When you create invoice in the system by checking the checkbox called " Hold Unmatached Invoices".             
System will hold the invoice and this sort of holds we can release by populating any reason manually. And it is a system hold not manual hold.             
*Since we have checked the checkbox called " Hold Unmatched Invoices" system will apply the rule for all the suppliers because we have set the rule at              
business unit level in the system.             
* If you want to place the hold for the invoices which are created by specific suppliers then we have to goto supplier >> Supplier Site >> Invoicing tab >> Payment              
hold controls column and if you set those controls only for that supplier site those rules are applicable.             
* If you place the invoice for hold that invoice cannot be selected for payment in manual process or in PPR process.             
* If you want to place the hold for certain amount say for example the invoice amount is 500. Where you have to pay only 100. In such scenerios we have to              
goto manage installments, split the amount into installments, select the line and clickon place on hold then system will not allow you to pay 500 instead system             
will allow you to pay only 400.            

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