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.