| # Standing Orders (tfcmg1110s000) Use this session to maintain standing order details. You cannot create standing orders for trade note related transactions because for trade note, the payment advice lines can be split into payment advice lines for lower amounts, but standing orders, stand-alone payments, and subcontracting invoices cannot be split. If the standing order is used to pay withholding income tax, you can view, enter, or change the withholding tax details. Related topics Standing orders To process tax declarations Business Partner Enter the invoice-from business partner code. Order This number is the standing order number, which is generated automatically by LN. This number is unique to a particular invoice-from business partner Posting Method Select the posting method. For Costs, you can specifiy the ledger account in one of the following ways: In the Posting Data of Standing Orders/Stand-Alone Pmt (tfcmg1115s000) session. If you select the Single Payment check box and you attach a posting data schedule to the standing order, specifiy the ledger accounts in the Transaction Schedule Details (tfgld0113s000) session. For Advance payment, you must also select the category of the standing orders. The transactions are posted to the ledger accounts specified for the business partner group. Category The advance payment category. If you selected the Allow Advance Payment Category check box in the CMG Parameters (tfcmg0100s000) session and the posting method is Advance payment, you must select a category. For details, refer to Advance Payment Categories. Currency Enter or use the browse arrow to select the currency to make standing order payment. Rate Determiner The rate determiner used for the standing order. Default value The Document Date. Related topics Rate determiners Rate The exchange rate used to convert the amount in the transaction currency to the home currency. Rate Factor The value by which the currency exchange rate must be divided to convert foreign currency amounts to home currency. Transaction Amount The order amount is the total amount of the selected standing order, expressed in the currency defined in the Currency field. Amount in Home Currency The amount expressed in home currency. Amount In The order amount expressed in the home currency. Tax Country/Code The tax country of the transaction. Note This field can only be accessed if the posting method in the Posting Method field is Advance payment. Tax Country/Code The tax code of the transaction. Note This field can only be accessed if the posting method in the Posting Method field is Advance payment. Related topics Default tax codes for sales tax To use tax codes Pay-to Business Partner Select the pay-to business partner code to make standing order payments. Buy-from Business partner Select a buy-from business partner code to make the standing order payment. Reference Enter the reference text which will appear in the standing order details. Tax Declaration Number If LN generates the standing order to pay a tax declaration, this is the tax declaration number. Related topics To process tax declarations Payment Document The original financial company of the purchase order. The purchase invoice is paid and the withholding tax due at invoice payment is registered in the original financial company. Payment Document The payment document transaction type. Payment Document The payment document serial number. Payment Document The payment document line number. Payment Batch The financial year in which the payment batch is created. Payment Batch The payment batch number. Invoice Document The financial company of the purchase invoice. The financial company pays the purchase invoice and registers the withholding tax amount. Invoice Document The invoice document transaction type. Invoice Document The invoice document serial number. Invoice Document The payment schedule line number. If you use receipts against shipments, this number indicates the shipment. Related topics To use payment schedules Receipts against shipments - overview Invoice Line Number The line number on the invoice. Sequence No. The line sequence number on the invoice. Payment/Receipt Method Enter the payment method that you want to link to the standing order. You cannot select a method for which the Kind of Payment/Receipt field is Trade Note. Related topics Payment Methods Bank Enter the bank relation of the one-time business partner specified in the One-Time Business Partner's Address (tfcmg1508m000) session. Reason for Payment Enter a reason for foreign payment, defined in the Reasons for Payment (tfcmg0130m000) session. Planned Payment Date Enter the planned payment date. This date is used as the due date for generating payment advice. Note You can only access this field if the Single Payment check box is selected. Single Payment If this check box is selected, standing order is not paid in installments. Amount Paid in HC The amount paid on the standing order. Standing Order Status Select the processing status for the standing order. First Plnd Pmnt Date Enter the first payment date for the new standing order. LN calculates the remaining payments dates on the basis of the payment schedule specified in the original order. Example If the payment schedule of the original standing order has the following payment dates: 2010-01-01; 2010-03-01; 2010-04-01. If this payment schedule is copied, for the new order whose first payment date is 2010-03-01, LN generates the following payment dates: 2010-03-01; 2010-03-29; 2010-04-30. Note This field can only be accessed in copy mode. If the Standing Order Status is Free, standing orders can be modified. Copy Payment Schedule If this check box is selected, the payment schedule of the present standing order is copied to a new order. Note This field can only be accessed in copy mode. Dimension Enter the dimension code. You must specify the dimensions when the standing order is of advance type. You can enter a maximum of five dimensions. The description of the dimensions is provided in the Group Company Parameters (tfgld0101s000) session. Posting Data Schedule The transaction schedule for the standing order. The transaction schedule determines the contra accounts and dimensions for the standing order. You can access this field only if the status of the standing order is Free. Related topics To use transaction schedules Cash Flow Reason The cash flow reason of the transaction. Related topics Cash flow statements |