Match with Supplier Invoices Cash Box

Explanation

This activity is used to match a supplier payment transaction with supplier debit and credit invoices. If the payment transaction is not completely matched, the remaining part is stored as a Payment on Account, given that a supplier is specified. You can also add a new item, i.e. a difference item that can either be positive or negative, to balance the matching.

When matching the payment with invoices, discounts can be utilized, parts of invoices can be written off, and partial payments can be made. Invoices in other companies can also be matched as long as the supplier is defined in the other companies. 

It is allowed to  match invoices even when the currencies of the matched invoices/installments are outside EMU currencies. For example, you can enter a payment in EUR for invoices in USD or Swiss CHF, or vice versa, or even enter a payment in USD for invoices in Swiss CHF. When currency combinations are used it is possible to choose a calculation pattern by selecting a recalculation type. Recalculation patterns differ depending on the recalculation type as well as the field modified.

If you want to match advance invoices with prepayment type and match or create new prepayments with prepayment type, prepayment types must exist. The posting control must be set up for control type PC8, control type PC8 is used for posting types for payment on account (PP7) and payment in advance (PP37 and PP41).

Prerequisites

This activity requires that you have registered payment information in the Header Details tab of the Cash Box page and that Enter Supplier Payment transaction type has been selected in the Transactions tab.

System Effects

If using prepayment type on advance invoices and prepayments, the postings will be created according to the prepayment type and the settings in posting control for control type PC8.