Enter Provision for Voucher Information
Explanation
This activity is used to enter a manual voucher to post the interest provision
for supplier invoice installments that are liable for interest. This can be
performed in Voucher
page,
and by clicking New Voucher.
Once the manual voucher is entered and saved, you can create an interim voucher
to reverse that voucher entry in the next period. To perform this, click
Interim Voucher to open the
Interim Voucher
assistant. Modify the date in the Voucher Date field if necessary. The
date entered in this field will be the date on which the interest provision
amount posted will be reversed
Prerequisites
In order to perform this activity, the interest provision for the relevant
period must be calculated. In addition, the following must have been completed
in IFS/Accounting Rules.
- The code
parts must have been decided. The code parts used depend on the accounting
level for follow-up and whether code parts functions are used, for example,
project accounting or currency balance accounting. Select Accounting Rules/Posting
Rules/Define Code String to define
the parts of the code string and code part functions, if appropriate.
- The code
part requirements must have been entered in Accounting Rules/Code String/Account
Types.
- The account
information must have been entered in Accounting Rules/Code String/Account.
- Information
on the code parts B-J must have been entered in Accounting Rules/Code String/Code
Part Values.
- Information
on the account groups must have been entered in Accounting Rules/Code String/Account
Groups.
- The legal
combinations of code parts must have been entered for the user group Accounting
Rules/Posting Rules/Combination
Rules.
- Information
on the period calendars and voucher types must have been entered in
Accounting Rules/User Related Data/Accounting
Periods or Accounting Rules/User Related Data/Voucher
Type.
- Information
on the currency codes and currency rates must have been entered in Accounting
Rules/Currency/Currency Codes and
Accounting Rules/Currency/Currency Rates.
System Effects
As a result of this activity, a manual voucher is created and placed in the
hold table.