| # Payment Advice Lines (tfcmg1101m000) Use this session to maintain payment advice for open items. You can include multiple unallocated payments and multiple advance payments in the payment advice. The composing criteria must be unique. LN generates sequence numbers for the unallocated payments and advance payments. If you select a purchase invoice for payment, LN searches for unassigned advance and unallocated payments and credit notes for the business partner of the invoice. If such documents exist, LN displays a warning. From the appropriate menu, select BP Open Entries to display the available documents. Payment authorization You can only add purchase invoices to the payment advice if these conditions are fulfilled: The invoice has the Approved status. The Approved for Payment field of the invoice is Yes or Not Applicable. No hold reason is linked to the invoice. You cannot enter payment differences and discount amounts that exceed the amounts defined in the CMG Parameters (tfcmg0100s000) session, or for which you are authorized in the Payment Authorizations (tfcmg1100m000) session. Related topics Payment process Payment authorization in Cash Management – setup Credit notes Payment Batch Enter the payment batch to generate a payment advice. Status The status of the payment batch in the payment procedure. User The user who created the batch. Approved Indicates whether the batch is approved. If this field is set to No, an authorized user must approve the batch. To approve the batch, from the appropriate menu, select Approved. Total for Batch The total amount in the home currency. Total Amount by Business Partner Enter the total amount the business partner must pay. This amount is expressed in the home currency. Invoice-from 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. Original Company Select the company used for transactions related to the payment batch and invoice-from business partner entered in the Payment Batch and Invoice-from Business Partner fields. Type of Advice Select a payment advice type. Type of Advice Bank Reference If you use bank reference numbers, this is the bank reference number of the invoice. Related topics Bank reference numbers Document Enter a transaction type and document number of the selected invoice or credit note. You cannot select trade note documents because for trade notes, 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. You get an invoice number by linking the transaction type to the document. The invoice number is used to create the payment advice. Related topics Credit notes The unique document number that identifies an invoice in a particular transaction type. 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 The sequence number indicates the standing order line to which the payment advice refers. If you include multiple unallocated payments or multiple advance payments, this field displays the sequence numbers of the advance or unallocated payments that you include in the payment advice. 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. Subcontracting If this check box is selected, the invoice belongs to the subcontracting order. Note The invoice belongs to a subcontracting invoice if the following applies: The buy-from business partner selected is a subcontractor. Subcontracting master data is present for the business partner in the Subcontractors (tfacp3510m000) session. Amount Details Amount Details 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. Original Pay-to BP The pay-to business partner of the open entry. Currency Select the currency used to make payments. Rate The rate used to exchange the transaction currency to the home currency. Amount to be paid Balance Amount The open invoice amount. The currency in which the invoice amount is expressed. Amount in Invoice Currency The invoice amount. Related topics Processing purchase invoices Amount In The invoice amount expressed in the home currency. The home currency to which the invoice amount is converted. From the Tools menu, choose Rotate Currency to switch home currencies. Late Payment Surcharge The late-payment surcharge amount. Late payment surcharge is calculated using the percentage linked to the invoice in: Sales Invoices (tfacr1110s000) Purchase Invoice Entry (tfacp2600m000) Amount In The late payment surcharge amount in the home currency. The amount expressed in home currency. Discount The discount amount defined for the invoice or payment schedule line. Amount In The invoice's discount amount in the home currency. Payment Difference The payment difference amount. Amount In The payment-difference amount expressed in the home currency. Factoring Commission in The factoring commission amount expressed in the transaction currency. 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. The currency in which the amount is expressed. Amount In The factoring commission amount expressed in the home currency. The transaction currency of the factoring commission. Tax Details Tax Country/Code Group Tax Code A tax code that represents multiple individual tax codes. If more than one tax code applies to a transaction, you can link a group tax code to the transaction. For example, a group tax code can contain tax codes for: Value added tax Withholding income tax Withholding social contribution Tax Amount in Payment Currency Enter the tax amount. Note You can only access this field if the Tax Country field contains a value. Reference Enter the reference text which will be printed in the payment advice. Payment/Bank Details Payment Details Payment Agreement tfcmg101.paya Payment/Receipt Method Select a payment method code attached to the payment batch. Related topics Payment and receipt methods Planned Payment Date The date on which the amount defined in the Amount in FC field is paid. You can give a default payment date to the invoices and credit notes in: Sales Invoices (tfacr1110s000) Purchase Invoice Entry (tfacp2600m000) Type of Payment A code that indicates the type of payment. The bank needs the type of payment indicator to handle the payment order correctly. You define a code for each type of payment in the Type of Payment (tfcmg0504m000) session. Related topics Reason for payment Reason for Payment Use the browse arrow to select a reason for payment specified in the Reasons for Payment (tfcmg0130m000) session. Additional Description The code for the description of the reason for payment in a foreign currency. The additional description is a requirement for Nordic bank files. If you register a purchase invoice, you can enter a reason for payment. If additional descriptions are linked to the reason for payment, LN displays the default additional description code. You can change the additional description code. Bank Details Bank Select a bank relation to be attached to this payment advice. Related topics Assigning bank relations A bank account of your company. 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. Business Partner Bank Select the bank relation of the pay-to-business partner to generate a payment advice. The business partner's bank account. The business partner's international bank account number. Bank Charges The additional cost incurred by the bank while processing the transactions. Bank costs Dimensions Dimensions Dimension Description for Dimension Type 1 The first dimension to which the transaction must be posted. Dimension Description for Dimension Type 2 The second dimension to which the transaction must be posted. Dimensions 3 - 12 The other dimensions to which the transaction must be posted. Dimension Description The description of the dimensions. Trade Note Details TNP Number if the payment advice is related to a trade note payable (TNP), this is the trade note number. Related topics To set up and process trade notes receivable Cash Flow Reason The cash flow reason of the transaction. Related topics Cash flow statements Withholding Tax Withholding Tax of type On Payment Net Amount Payable to Business Partner The net payable invoice amount. Withholding Income Tax The withholding income tax amount. Withholding Social Contribution The withholding social contributions amount. Social Contribution Company Expense The social contributions (expense) amount. Posting Data of Standing Orders/Stand-Alone Pmt Starts the Posting Data of Standing Orders/Stand-Alone Pmt (tfcmg1515m000) session. Print Payment Advice Starts the Print Payment Advice (tfcmg1401m000) session. Subcontracting Payments Process the subcontracting payment batch. The command is enabled when the invoice in payment advice is related to Subcontracting. You can modify the details of subcontracting payments in the Subcontracting Payments (tfcmg1121s000) session. Withholding Tax... 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. One-Time Business Partner's Address Starts the One-Time Business Partner Addresses (tfacr2502m000) session. You can select the address of a one-time business partner: For a purchase invoice related to a one-time business partner, this command starts the One-Time Business Partner Addresses (tfacp1102s000) session, where you can maintain and modify the details. For advance and unallocated payments related to a one-time business partner, this command starts the One-Time Business Partner's Address (tfcmg1508m000) session, where you can maintain the details. |