Setting Up Payee Voucher Rules

Access the Payee Voucher Rules form.

V R (voucher rules)

Enter the level of summarization for a payee. This specific rule tells the system how to summarize voucher information for a DBA.

For example, it tells the system whether one voucher should be created for a payee or a separate voucher should be created for each DBA that is owed to a payee.

Note: The Payee Voucher Rules are predefined and should not be changed.

Pymt Terms (payment terms)

Enter the code that identifies the terms of payment, including the percentage of discount available if the invoice is paid by the discount due date. Use a blank code to indicate the most frequently used payment term. You define each type of payment term on the Payment Terms Revisions form.

Examples of payment terms include:

Blank.

Net 15.

001.

1/10 net 30.

002.

2/10 net 30.

003.

Due on the 10th day of every month.

006.

Due upon receipt.

This code prints on customer invoices.

G/L Offset (general ledger offset)

Enter the code that determines the trade account that the system uses as the offset when you post vouchers to the general ledger. The system concatenates the value that you enter to the AAI item RC (for Accounts Receivable) or PC (for Accounts Payable) to locate the trade account. For example, if you enter TRAD, the system searches for the AAI item RCTRAD (for receivables) or PCTRAD (for payables).

You can assign up to four alphanumeric characters to represent the general ledger offset, or you can assign the three-character currency code (if you enter transactions in a multicurrency environment). You must, however, set up the corresponding AAI item for the system to use; otherwise, the system ignores the general ledger offset and uses the account that is set up for PC or RC for the company that is specified.

If you set up a default value in the G/L Offset field of the customer or supplier record, the system uses the value during transaction entry unless you override it.

This information is stored in the Accounts Payable AAIs. You cannot change it in the JD Edwards EnterpriseOne Payroll system.

Note: Do not use code 9999. It is reserved for the post program and indicates that offsets should not be created.