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Generating Invoices

When a supplier’s Pay Group designation is Swift, you must provide extra information using the Invoice EFT Details flexfield accessed from the Special menu in the Invoice window.

The extra invoice fields are:

net90000.gif Payment Category Code

net90000.gif Product Group/Article No

net90000.gif Nature of Payment

When a payment exceeds the freely transferable maximum (reportable limit), Dutch Exchange control regulations require you to report it to De Nederlandsche Bank (DNB/Dutch National Bank). Currently, the reportable limit is NLG 25,000 (or its equivalent in foreign currency).

Attention: If the payment amount of the invoices for one payment exceeds the reportable limit, then the invoices must have identical additional invoice data. Otherwise, the payment will not be processed.

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