Issuing Credit Invoices for Cash Due

If you have entered invoices using payment terms that were set up in UDC 76A/TP, and those invoices have not been paid within the number of days that are legally allowed to pass between the shipment confirmation date and the invoice due date, you can issue credit invoices.

To issue credit invoices for cash due, you must manually run the AR SOP Print Credit Invoice program. To issue credit invoices for cash due, complete these steps:

1. Verify that the company is set up in the General Constants program to issue credit invoices.

2. Verify that the customer is set up to accept credit invoices. You set up customers to accept credit invoices by specifying the category code that you set up in the General Constants program to identify customers who receive credit invoices.

3. Verify that the payment term you are using is included in UDC 76A/TP.

4. In UDC 00/DI, specify a value of 1 in the Special Handling Code field for the document types for which credit invoices are generated.

5. Verify that the invoice amount, including taxes, is equal to or more than the minimum amount set up in the General Constants program.

6. Verify the legal number setup of the credit invoice, and enter the internal document type for credit invoices on UDC 00/DT.

7. Set up the AR SOP Print Credit Invoice program.

8. Verify that the amount of days past due is equal to or more than the Credit Invoice Limit Days specified in the General Constants program.