Receivables/Payables

1. Receivable/Payable

Specify whether to select payment profile records for leases that generate invoice records or leases that generate voucher records. If the value of the Lessee field (STMB) on the lease is blank, the system generates invoice records when you post billings. If the value of the Lessee field (STMB) on the lease is 1 or Y, then the system generates voucher records when you post billings. The system processes only those leases with a value in the Lessee field that corresponds to the setting of this processing option. Values are:

Blank: Invoice records.

1: Voucher records.

Note: You must process recurring billings that generate invoices separately from recurring billings that generate vouchers.