| # Standing Orders (tfcmg1510m000) Use this session to maintain the standing orders for an invoice-from business partner. If you attach a payment schedule to a standing order, the posting data of the individual payments of the payment schedule must usually all be the same. If you copy a payment schedule, ERP Enterprise asks you whether you also wish to copy the posting data. If you answer Yes, the posting data and the tax related data of the payment schedule lines are copied to the payment schedule lines of the new standing order. If you answer No, the payment schedule is copied but for each line of the payment schedule, you must still enter the posting data, in the Posting Data of Standing Orders/Stand-Alone Pmt (tfcmg1115s000) session. Note 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 Purchase invoice authorization Business Partner 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. Order The standing order number. Order Details Posting Method A method that shows how the order data must be posted. 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 Template Lines (tfgld0113m000) 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 The currency for the standing order payment. Rate Determiner The rate determiner used for the standing order. Default value 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. The factor by which an amount in a different currency is multiplied to calculate the amount in the currency base. 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 HC 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 The business partner to which you pay invoices. This usually represents a supplier's accounts receivable department. The definition includes the default currency and exchange rate, the supplier's bank relation, the number of days within which you must pay the invoices, and if the business partner uses a factoring company. Buy-from Business Partner The business partner from whom you order goods or services; this usually represents a supplier's sales department. The definition includes the default price and discount agreements, purchase-order defaults, delivery terms, and the related ship-from and invoice-from business partner. Reference The reference text that appears in the standing order details. Tax Declaration Number If ERP Enterprise generates the standing order to pay a tax declaration, this is the tax declaration number. Related topics Processing tax declarations Standing Order Status Standing Order Status Budget Exception If this check box is selected, a budget exception or an error occurred in the Posting Data of Standing Orders/Stand-Alone Pmt (tfcmg1515m000) session. To correct the problem, you can decrease the amount, or use a different budget account by changing the ledger account and/or dimensions. If no error occurred in this area, the budget controller must resolve the exception. In case of a setup error, the error must be corrected in the area in which it was caused. Note This check box is only displayed if Budget Control functionality is used. Payment Details Payment Details 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. 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 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 and receipt methods Business Partner Bank Enter the bank relation of the one-time business partner specified in the One-Time Business Partner's Address (tfcmg1508m000) session. Account A bank account of your company. The bank relation definition includes details such as your bank account number, account type, the international bank account number, the bank's currency and whether other currencies are allowed, and whether the account is a blocked account. IBAN International Bank Account Number. An international standard account identifier for identifying an account held by a financial institution, in order to facilitate automated processing of cross border transactions. The IBAN is provided by the bank/branch servicing the account. Reason for Payment The reason for foreign payment, defined in the Reasons for Payment (tfcmg0130m000) session. Additional description code The code of an additional description defined in the Additional Description by Reason (tfcmg0131m000) session. Note This field is only displayed and available if both of the following apply: Reason for Foreign Payment is selected on the Miscellaneous tab of the CMG Parameters (tfcmg0100s000) details session. For this standing order, Use Additional Description is selected in the Reasons for Payment (tfcmg0130m000) session. Additional Description The text of an additional description defined in the Additional Description by Reason (tfcmg0131m000) session. Note This field is only displayed and available if both of the following apply: Reason for Foreign Payment is selected on the Miscellaneous tab of the CMG Parameters (tfcmg0100s000) details session. For this standing order, Use Additional Description is selected in the Reasons for Payment (tfcmg0130m000) session. Cash Flow Reason The cash flow reason of the transaction. Related topics Cash flow statements Single Payment If this check box is selected, the standing order is not paid in installments. 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. Amount Paid in HC The amount paid on the standing order. Payment Document The payment document transaction type. The payment document serial number. Transaction Template The transaction schedule for the standing order. The transaction schedule determines the contra accounts and dimensions for the standing order. This field is only available if the status of the standing order is Free. Related topics Using transaction templates Copy Options 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. First Payment Date Enter the first payment date for the new standing order. ERP Enterprise calculates the remaining payments dates on the basis of the payment schedule specified in the original order. Example The payment schedule of the original standing order has the following payment dates: 2011-01-01, 2011-03-01, 2011-04-01. If this payment schedule is copied, for the new order whose first payment date is 2011-03-01, ERP Enterprise generates the following payment dates: 2011-03-01, 2011-03-29, 2011-04-30. Note This field can only be accessed in copy mode. If the Standing Order Status is Free, standing orders can be modified. Dimensions Control Account A ledger account used to reflect the balance of a number of related subsidiary accounts. In ERP Enterprise, 'control account' usually refers to the creditors' account or the debitors' account defined for the financial business partner groups in Accounts Payable and Accounts Receivable. In addition to the creditors' account and the debitors' account, you can define a number of specific control accounts for a business partner group, such as control accounts for doubtful invoices, advance and anticipated payments or receipts, and realized and unrealized currency profit or loss. Dimensions Analysis account for ledger accounts to get a vertical view on ledger accounts. Dimensions are used to specify ledger account information. You must specify the dimensions if the standing order is of type Advance. You can enter up to twelve dimensions. Dimension Description The description of a dimension type. The description of the dimensions is provided in the Group Company Parameters (tfgld0101s000) session. |