| # Bank Transactions (tfcmg2100s000) Use this session to maintain bank transactions. You can also create transactions for payments without an invoice. To start this session, you must select the transaction type Cash in the Transactions (tfgld1101m000) session. The current session enables you to process the following bank transactions: Receipt Transaction Payment Transaction Unallocated Payment Unallocated Receipt Advance Payment Advance Receipt Journal Receipt Reconciliation Payment Reconciliation Payment authorization Only authorized users can make payments. In the Payment Authorizations (tfcmg1100m000) session, you can define the user's authorizations and maximum amounts for the various transactions. You can not create a payment for a purchase invoice to which a hold reason is linked. An assigned approver must remove the hold reason. For details, refer to Purchase invoice authorization. Related topics Payment authorization in Cash Management Payment authorization in Accounts Payable Default amounts for bank transactions Tax calculation Document The transaction type selected in the Transactions (tfgld1101m000) session. This transaction type must be a Cash transaction type. Related topics To use transaction types Document The unique identification of the document used for the transaction type's financial transactions. Document The line number. The combination of line number and document number identifies the transaction. Document The payment schedule line. If a payment schedule is linked to the invoice, this field contains the schedule line number. Otherwise, this field is empty. Related topics How LN determines the applicable bank charges Balance The sum of the opening balance and the transactions entered until the specified time, with a specified batch and transaction type. If you linked a currency to the transaction type, LN can calculate this amount. Document Date The date on which you carried out the transaction at the bank. Default value The current date appears, by default. Based on this date, LN calculates the default amount received/paid, from the Receipt Transaction or Payment Transaction specified in the Type of Transaction field. Type of Transaction Select the transaction category for the data you maintain in this session. Adv Paym Catg 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. Related topics Advance Payment Categories Company The financial company in which to post the transactions. The current company appears by default. If the transaction type is Journal, you can select a different company. If you select a different company, LN automatically creates an inter-company transaction. Related topics Approved Trader Scheme (ATS) Overview Business Partner Enter the invoice-from business partner code. Invoice The transaction type of the invoice settled, fully or partially, by the bank transaction. You can access this field if the value in the Document field is: Receipt Transaction Payment Transaction Invoice The document number of the invoice settled, fully or partially, by the bank transaction. You can access this field if the value in the Document field is: Receipt Transaction Payment Transaction Invoice 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 Transfer Method transfer method If the supplier pays the bank costs, you cannot change this field. Related topics Bank charges Transfer Method Cash Flow Reason The cash flow reason of the transaction. Related topics Cash flow statements Pay-from / Pay-to BP The pay-to business partner or pay-by business partner. Bank Reference If you use bank reference numbers, this is the bank reference number of the invoice. Related topics Bank reference numbers Balance The currency used for the bank transactions. Currency/Rate The currency exchange rate that is defined in the Currency Rates (tcmcs0108m000) session. Amount in Bank Currency The payment amount, expressed in the currency defined in the Balance field. Debit/Credit Use this indicator to classify the amount as debit/credit. You can access this field if the transaction type is Journal. Amount Inv Curr. The currency in which the invoice amount is expressed. Amount Invoice Currency The amount of the receipt/payment, expressed in the invoice currency. Amount in HC One of a company's base currencies in which LN registers and reports amounts. In a multicurrency system, up to three home currencies can be defined: The local currency Two reporting currencies Amount in Home Currency The payment amount in the home currency. From the Tools menu, choose Rotate Currency to switch home currencies. Tax Country/Code The tax country and tax code that apply to the transaction. You can access this field: If you select Advance Payment or Advance Receipt in the Document field. If you select the Calculate Tax on Advance Payments/Receipts check box of the CMG Parameters (tfcmg0100s000) session. LN only calculates the taxa mount if the transaction amount is not less than the amount specified in the Minimum Amount for Tax Calculation field in the CMG Parameters (tfcmg0100s000) session. Enter the country code for tax calculation. This country code must have been linked to the tax code in the Countries (tcmcs0110s000) session. LN displays the country (for tax) linked to the discounts, late payment surcharges, and payment differences with respect to this partial payment in the Posting Data by Tax Code for Deductions (tfcmg0150m000) session. Related topics Default tax codes for sales tax Tax Amount BC The tax amount in the invoice currency. If a tax code is linked to the invoice, LN displays the tax amount calculated on the basis of the data defined for the specified tax code in the payment/receipt currency. Related topics Default tax codes for sales tax Late Payment Surcharge Amount The late-payment surcharge amount. Late payment surcharge is calculated using the percentage linked to the invoice in: Sales Invoices (tfacr1110s000) Purchase Invoices (tfacp1110s000) Fiscal Period The fiscal year and the fiscal period number of the bank transaction. Fiscal periods are defined in the Periods (tfgld0105m000) session. Fiscal Period The separator between the year and the period. Fiscal Period The fiscal year and the fiscal period number of the bank transaction. Fiscal periods are defined in the Periods (tfgld0105m000) session. Discount Amount If the invoice is paid within an allowed discount period, LN deducts this amount from the total invoice amount. You can access this field if the value in the Document field is Receipt Transaction Payment Transaction LN gives the default discount amount, if the value in the LPS/Discount for Partial Payments field in the CMG Parameters (tfcmg0100s000) session is Fully Proportionally If the Block Discount Exceeding Tolerance check box is selected in the CMG Parameters (tfcmg0100s000) session and the discount exceeds the discount tolerance amount defined in the Terms of Payment (tcmcs0113s000) session, you cannot process bank transactions. Reporting Period The reporting year and the period number determine the reporting period of the bank transactions. Reporting periods are defined in the Periods (tfgld0105m000) session. Rep. Period The reporting year and the period number determine the reporting period of the bank transactions. Reporting periods are defined in the Periods (tfgld0105m000) session. Payment Difference The payment difference for the selected invoice. You can access this field if the value in the Document field is: Receipt Transaction Payment Transaction The payment difference amount and the percentage must both fall within the tolerances defined in the CMG Parameters (tfcmg0100s000) session or specifically for you in the Payment Authorizations (tfcmg1100m000) session. Tax Period The tax year and period determines the period used to post the tax reports for bank transactions. Tax periods are defined in the Periods (tfgld0105m000) session. Tax Period The tax year determines the period used to post the tax reports for bank transactions. Tax periods are defined in the Periods (tfgld0105m000) session. Invoice Date The date of the invoice. Due Date The due date of the invoice. If a payment schedule is linked to the invoice, this is the due date of the payment schedule line. If a payment schedule line is fully paid, LN changes this field to the due date of the next payment schedule line. Paym. Diff. in HC The payment difference amount in the home currency. From the Tools menu, choose Rotate Currency to switch home currencies. Discount Date The date of the discount. If the invoice is paid before this date, discount is deducted from the invoice amount. Disc in HC The discount amount in the home currency. From the Tools menu, choose Rotate Currency to switch home currencies. Late Payment Surcharge Date The date of the late-payment surcharge. Currency Difference The currency difference amount. Currency differences arise due to exchange rate fluctuations. Related topics Realized currency differences Factoring Commission in The factoring commission amount, expressed in the currency defined in the Balance field. The default factoring commission depends on the values entered for the Commission on Partial Payments in the CMG Parameters (tfcmg0100s000) session. You can change the amount. Factoring Commission The currency of the factoring commission. Fact. Comm. in HC The factoring commission amount, expressed in the home currency. From the Tools menu, choose Rotate Currency to switch home currencies. The default factoring commission depends on the values entered for the Commission on Partial Payments in the CMG Parameters (tfcmg0100s000) session. You can change the amount. Sundry Costs The bank costs that do not belong to any other specified category. If the supplier pays the bank costs, you cannot change this field. Related topics Bank charges BP Payment No. Enter the payment number used for payments to the business partner. Late Payment Surcharge Amount in HC The late payment surcharge amount in the home currency. From the Tools menu, choose Rotate Currency to switch home currencies. Remittance Enter the remittance advice code linked to this transaction. Reference Enter the reference text. Dimension Enter the dimension. Sundry Cost in HC The sundry cost amount in the home currency. From the Tools menu, choose Rotate Currency to switch home currencies. Advance/Unallocated Payment Starts the Bank Balances (tfcmg2101s000) session. Advance/Unallocated Payment Starts the Assign Unallocated/Advance Payments to Invoices (tfcmg2106s000) session. You can use this command if the type of transaction is Unallocated Payment or Advance Payment. Transactions Starts the Assign Unallocated/Advance Payments to Invoices (tfcmg2106s000) session. You can use this command if the type of transaction is Unallocated Payment or Advance Payment. Advance/Unallocated Receipt Starts the Reconciliation of Receipts/Payments (tfcmg2103s000) session. You can use this command if the type of transaction is Unallocated Receipt or Advance Receipt. Bank Balances Starts the Bank Balances (tfcmg2101s000) session. Reconciliation Starts the Reconciliation of Receipts/Payments (tfcmg2103s000) or the Reconciliation of Anticipated Payments/Receipts (tfcmg2102s000) session. You can use this command if the type of transaction is Receipt Reconciliation or Payment Reconciliation. One-Time Bus. Part. Starts the One-Time Business Partner Addresses (tfacp1102s000) session. You can use this command if the business partner is a one-time (sundry) business partner. Assign Starts the Assign Remittance (tfcmg2250m000) session. Withholding Tax... If withholding income tax or withholding social contributions is registered for the invoice, use this command to display the amounts. BP Open Entries Starts the Invoice-from Business Partner Open Entries (tfacp2520m000) session, which displays the available advance payments, unallocated payments, or credit notes for the business partner. |