| # Invoice-from Business Partners (tccom4122s000) Use this session to maintain the details of an invoice-from business partner. These details include: The invoicing details The terms of payment The link with the pay-to business partner or a factoring company. Related topics Business partners Invoice-from BP The business partner that sends invoices to your organization. This usually represents a supplier's accounts receivable department. The definition includes the default currency and exchange rate, invoicing method and frequency, information about your organization's credit limit, the terms and method of payment, and the related pay-to business partner. Invoice-from BP The the business partner's name. Department The department that is linked to the business-partner role. The business partner's financial data for the role is registered in the financial company to which the department is linked. Related topics Business partner data by financial company To use an accounting office Business Partner Status Indicates the actions that can be carried out for the business partner. The status can be: Active, Inactive, or Potential. For example, you cannot enter a sales order for a business partner with status Potential, or ship goods to a business partner with status Inactive. Allowed values Business Partner Status Related topics Business partner status From The date and time when this status takes effect. If you leave this field empty, the status takes effect immediately. To The expiry date and time of the business-partner status. If you leave this field empty, the status continues. Language The language used for documents addressed to the business partner. If no document is available in this language, the document in the company language is used. Related topics To print external documents in other languages Business Partner Signal If you select a signal here, the signal message is displayed when you enter the business-partner code in a ERP LN session. Related topics To use signals Business Partner Type A way to group business partners with similar characteristics, for example, members of the EU, or subject to specific customs rules. Note A business-partner type is not the same as a business-partner role or financial business-partner group. Vendor Rating If you want to apply vendor rating to the business partner, select this check box. Address Code The invoice-from business-partner's address. Address Code The person 's name or the company's name. Contact The business partner's default contact. Related topics Business partner contacts Contact The contact's surname. Text If this check box is selected, a text is present. Currency The default currency used by the business partner for invoicing. Exchange Rate Type The exchange-rate type for purchase. Default value The purchase exchange-rate type you have selected for the current company in the Companies (tcemm1170m000) session. Related topics To use currency exchange rate types Financial Supplier Group The financial business-partner group to which the business partner is assigned. If you define the business partner role for more than one department, you must select the same financial business-partner group for all the departments of which the enterprise unit is linked to the same financial company. Related topics Financial business partner groups Subcontracting If the associated buy-from business partner is a subcontractor, select this check box. You can then register additional subcontracting data for the business partner in the Subcontractors (tfacp3110s000) session in Financials. In some countries, you must make payments of a subcontractor's purchase invoices to a blocked account. In the Bank Account by Pay-to Business Partner (tccom4125s000) session, you can indicate that the account is blocked. If the business partner is a one-time business partner, you cannot select this check box. Tax If this check box is selected, by default the Tax check box on order headers of all types of orders for the business partner will be selected. For orders for which the tax check box is selected, ERP LN calculates the tax amounts and stores the tax data for tax reporting. Related topics Overview of tax handling Dimension 1 The dimension of this dimension type to which ERP LN by default posts the business partner's invoice amounts. These dimension overrule the dimensions selected for the business partner group in the Accounts Payable module. Currency The currency in which the credit limit is expressed. By default this is the reference currency. Credit Limit The maximum financial risk that you accept or are insured against concerning an invoice-to business partner, or that an invoice-from business partner accepts concerning you. When you create orders, ERP LN continually checks that the total amount of created and invoiced orders does not exceed the credit limit. When you exceed the limit, ERP LN gives a warning message. Default value Zero (= no credit limit) Note The credit limit cannot be less than zero. If you have selected a department in the Department field, you cannot enter a credit limit. Related topics The business partner's credit limit Credit rating Credit control Business partner data by financial company Date of Last Credit Review You must review the credit rating regularly. This field records the date and time of the most recent review. Document Method The document method. If you reduce payments to the business partner by the amounts of existing credit notes, you can generate and print an "assigned credit notes letter" with an overview of the credit notes and the related invoices and send it to your supplier. ERP LN uses the layout and addressee that you specified in the document method definition. If you leave this field empty, you cannot print assigned credit notes letters for the business partner. Terms of Payment The terms of payment agreed with the business partner. These are default values that can be changed on the order as necessary. Define terms of payment in the Terms of Payment (tcmcs0513m000) session. Return Terms of Payment The default terms of payment that apply to return orders. Late Payment Surcharge The late payment surcharge that the business partner charges. You can change these default values on the order as necessary. Return Late Payment Surcharge The late payment surcharges that apply to return orders. You can change these default values on the order as necessary. Pay-to Business Partner The pay-to business partner to which you pay the invoices from this invoice-from business partner. Note One of the following must be true: The invoice-from business partner and the pay-to business partner have the same parent business partner The invoice-from business partner is the pay-to business partner's parent. Payment Method The way in which the payment (purchase invoice) or the direct debit (sales invoice) takes place. The payment method defines details such as, the maximum amount, the type of due date, if foreign currencies are allowed, and which details must be printed on the report. These details are default values that you can change on the order or invoice as necessary. Allowed values The payment method type must be Payment. Return Payment Method The payment method that you use for return orders. Allowed values The payment method type must be Payment. Payment Agreement The payment agreement you have with the business partner. Payment agreements are often used in connection with a monthly billing invoice. Related topics To use payment agreements Monthly billing invoices Dimension The dimension of this dimension type to which ERP LN by default posts the business partner's invoice amounts. Expense Type The default expense type for the business partner. This expense type is linked to advance payments, unallocated payments and order related invoices. If payments to the business partner must not appear on the DAS2 report, select Not Applicable. Related topics DAS 2 reporting setup SIREN Code The business partner's SIREN code. Related topics DAS 2 reporting setup Establishment Code The business partner's site identification. Related topics DAS 2 reporting setup Business Partner Tax Classification The business partner's tax classification. On the Specific menu, you can click Withholding Tax Data to start the Business Partner Withholding Tax Data (tccom4127s000) session, which you can use to enter the business partner's details for withholding tax and social contributions. Related topics To set up withholding tax and social contributions Address... Starts the Addresses (tccom4130s000) session. Use this session to maintain or display the business partner's address details. If you have defined an address for the business partner, you can click this button. Contact... Starts the Contacts (tccom4140s000) session. Use this session to maintain or display the details of your contact at the business partner. If you have defined a contact for the business partner, you can click this button. Balances... Starts the Invoice-from Business Partner Balances (tccom4523m000) session. Use this session to display the business partner's current balances and the turnover amounts of the last five years. Features... Starts the Features by Trade Relation (tdsmi1101m000) session. Use this session to maintain or display the Feature definitions defined for the business partner. Delete Deletes all the business partner's details for this role. Balances, and contacts with this role, are also deleted. You can delete a business partner if all of the following amounts are zero: The business partner's order balance The business partner's invoices balance The business partner's open billing requests amount Previous Department If the business partner is linked to multiple departments, you can click Previous Department to display the business partner's data defined for the previous department. Next Department If the business partner is linked to multiple departments, you can click Next Department to display the business partner's data defined for the next department. |