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1Copyright © 2014. Infor. All Rights Reserved. www.infor.comCopyright © 2014. Infor. All Rights Reserved. www.infor.com 1
Infor LN 10.4 Invoicing - Advance Invoicing
Enhancements
Rollout training
Campus Course Code: 02_0021040_EEN0472_ELN
July 2014
Ramamurthy Mahesh
2Copyright © 2014. Infor. All Rights Reserved. www.infor.com
Agenda
• Advance Invoicing Enhancements – Why ?
• Advance Invoice / Payment Request – Solution Overview
• Advance Payment Request – Solution Details
• Parameters
• Advance Payment Request – Invoicing
• Advance Payment Request – Settlement
• Demo
3Copyright © 2014. Infor. All Rights Reserved. www.infor.com
Advance Invoicing Enhancements –
Why ?
• Till ERP LN 10.3, when an Advance Installment is invoiced, they are
treated as actual invoices with tax amounts and logged in sales listing.
• Customers wanted an ability to distinguish Advance Invoice having tax
implications and an Advance Payment Request without tax implication .
• Advance Invoice with tax implication - Relates to a delivery or a performance. They
are logged in sales listing.
• Advance Payment Request with no tax implication – A note or request for payment
before commencement of any delivery or performance. This has no tax
implications, consequently not logged in sales listing as well.
4Copyright © 2014. Infor. All Rights Reserved. www.infor.com
Advance Invoice / Payment Request –
Solution Overview
• Parameterized option to make available
• Advance Invoice
• Advance Payment Request
• Both
• Advance Payment Request handled without any tax implication, during
invoicing.
• The existing functionality relating to advance installments till ERP LN 10.3
will be available as it is as “Advance Invoice” in ERP LN 10.4.
5Copyright © 2014. Infor. All Rights Reserved. www.infor.com
Advance Payment Request – Solution
Details
• Introduced in ERP LN 10.4
• Advance Payment Requests can be created and released to Invoicing
from
• Order management - Sales
• Project Contract
• Specification of type of Advance Installment to use in
• Sales Order Parameter ( Request / Invoice / Request or Invoice)
• Contract Parameters ( Request / Invoice / Request or Invoice)
• “No Tax” tax code used.
6Copyright © 2014. Infor. All Rights Reserved. www.infor.com
Parameters
7Copyright © 2014. Infor. All Rights Reserved. www.infor.com
Advance Payment Request - Invoicing
• Separate transaction type
and series can be
maintained in the Invoicing
Parameters by Source
Type.
8Copyright © 2014. Infor. All Rights Reserved. www.infor.com
Advance Payment Request - Invoicing
• Simple layout printed to
request payment.
• No sales listing records
created.
9Copyright © 2014. Infor. All Rights Reserved. www.infor.com
Advance Payment Request - Invoicing
• Additional element logged in
Integration Transaction for
mapping
• Advance Payment Request – Yes
/ No.
10Copyright © 2014. Infor. All Rights Reserved. www.infor.com
Advance Payment Request -
Settlement
• When goods invoice is settled with Advance Payment request, tax is
calculated on the full goods invoice line amount.
• Sales Listing is logged for full invoice line amount.
• Example
• Sales Order Line EUR 1000 with tax rate @ 10%
• Advance Payment Request for EUR 400.
Net Amount Tax Amount Invoice Amount Sales Listing
Advance Payment Request 400 0 400Not logged
Goods Invoice ( EUR 1000 - Settlement
EUR 400) 600 100 700 1000
11Copyright © 2014. Infor. All Rights Reserved. www.infor.comCopyright © 2014. Infor. All Rights Reserved. www.infor.com 11
Demo
12Copyright © 2014. Infor. All Rights Reserved. www.infor.com

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Inforln.com ERP LN 10.4 Advance Invoicing Enhancements

  • 1. 1Copyright © 2014. Infor. All Rights Reserved. www.infor.comCopyright © 2014. Infor. All Rights Reserved. www.infor.com 1 Infor LN 10.4 Invoicing - Advance Invoicing Enhancements Rollout training Campus Course Code: 02_0021040_EEN0472_ELN July 2014 Ramamurthy Mahesh
  • 2. 2Copyright © 2014. Infor. All Rights Reserved. www.infor.com Agenda • Advance Invoicing Enhancements – Why ? • Advance Invoice / Payment Request – Solution Overview • Advance Payment Request – Solution Details • Parameters • Advance Payment Request – Invoicing • Advance Payment Request – Settlement • Demo
  • 3. 3Copyright © 2014. Infor. All Rights Reserved. www.infor.com Advance Invoicing Enhancements – Why ? • Till ERP LN 10.3, when an Advance Installment is invoiced, they are treated as actual invoices with tax amounts and logged in sales listing. • Customers wanted an ability to distinguish Advance Invoice having tax implications and an Advance Payment Request without tax implication . • Advance Invoice with tax implication - Relates to a delivery or a performance. They are logged in sales listing. • Advance Payment Request with no tax implication – A note or request for payment before commencement of any delivery or performance. This has no tax implications, consequently not logged in sales listing as well.
  • 4. 4Copyright © 2014. Infor. All Rights Reserved. www.infor.com Advance Invoice / Payment Request – Solution Overview • Parameterized option to make available • Advance Invoice • Advance Payment Request • Both • Advance Payment Request handled without any tax implication, during invoicing. • The existing functionality relating to advance installments till ERP LN 10.3 will be available as it is as “Advance Invoice” in ERP LN 10.4.
  • 5. 5Copyright © 2014. Infor. All Rights Reserved. www.infor.com Advance Payment Request – Solution Details • Introduced in ERP LN 10.4 • Advance Payment Requests can be created and released to Invoicing from • Order management - Sales • Project Contract • Specification of type of Advance Installment to use in • Sales Order Parameter ( Request / Invoice / Request or Invoice) • Contract Parameters ( Request / Invoice / Request or Invoice) • “No Tax” tax code used.
  • 6. 6Copyright © 2014. Infor. All Rights Reserved. www.infor.com Parameters
  • 7. 7Copyright © 2014. Infor. All Rights Reserved. www.infor.com Advance Payment Request - Invoicing • Separate transaction type and series can be maintained in the Invoicing Parameters by Source Type.
  • 8. 8Copyright © 2014. Infor. All Rights Reserved. www.infor.com Advance Payment Request - Invoicing • Simple layout printed to request payment. • No sales listing records created.
  • 9. 9Copyright © 2014. Infor. All Rights Reserved. www.infor.com Advance Payment Request - Invoicing • Additional element logged in Integration Transaction for mapping • Advance Payment Request – Yes / No.
  • 10. 10Copyright © 2014. Infor. All Rights Reserved. www.infor.com Advance Payment Request - Settlement • When goods invoice is settled with Advance Payment request, tax is calculated on the full goods invoice line amount. • Sales Listing is logged for full invoice line amount. • Example • Sales Order Line EUR 1000 with tax rate @ 10% • Advance Payment Request for EUR 400. Net Amount Tax Amount Invoice Amount Sales Listing Advance Payment Request 400 0 400Not logged Goods Invoice ( EUR 1000 - Settlement EUR 400) 600 100 700 1000
  • 11. 11Copyright © 2014. Infor. All Rights Reserved. www.infor.comCopyright © 2014. Infor. All Rights Reserved. www.infor.com 11 Demo
  • 12. 12Copyright © 2014. Infor. All Rights Reserved. www.infor.com

Editor's Notes

  1. Version: July 3, 2014