Enter Invoice Information Per Currency

Explanation

This activity is used to enter and view information about currency codes and rounding factors for customer invoices and outgoing supplier invoices. It is also possible to enter invoice fee charges for customer invoices.

This is an optional task to be performed by a system administrator or equivalent person.

The rounding factor affects the closest unit to which the invoice will be rounded in the currency used. If an invoice fee is to be charged, a minimum amount must be stated. If the invoice amount is below that minimum amount, the invoice fee is charged. Note: If using invoice fee, it is recommended that you verify that posting type IP6 (Invoice Fee) exists and is properly set up. 

Prerequisites

This activity has the following prerequisites:

System Effects

As a result of this activity: