Understanding Credit Invoice Constants for Accounts Payable Setup

You set up credit invoice constants by company. These constants control the credit invoice process.

You must specify this information when you set up credit invoice constants for the JD Edwards EnterpriseOne Accounts Payable system:

• The gross amount limit, below which a voucher does not require a credit invoice.

  Any voucher with a gross amount in excess of this amount requires a credit invoice.

• The payment time limit in days, below which a voucher does not require a credit invoice.

  Any due date that exceeds this limit requires a credit invoice.

• The category code that the system uses to identify suppliers that issue credit invoices.

• Whether the company accepts credit invoices.

• The payment instrument for vouchers that require credit invoices.

• The initial status that is assigned to the credit invoice when it is entered in the system.