Invoice Cycle Calculation

You set up invoice cycles to control how the Scheduling Invoice Cycle program (R49700) calculates scheduled invoice dates. When you set up invoice cycles, you apply different invoice rules and schedules to different customer and item combinations. For example, one customer might prefer an invoice at the end of the month for all shipments that are made during that month, and another customer might want a weekly invoice for specific items.

You set up an invoice cycle calculation rule to define the type of calculation that the system uses to compute an invoice date. You can then enter test dates to review the calculated invoice dates and ensure that you have set up the calculation correctly. If the calculation rules are biweekly, semimonthly, or at the end of each month, you must also set up scheduled invoice date ranges.

After you set up invoice cycles, you can assign them to customer and item combinations with the Invoice Cycle preference. You can later revise scheduled invoice dates, if necessary.

See also:

• Setting Up Container Preferences.

• "Invoicing" in the JD Edwards EnterpriseOne Applications Sales Order Management Implementation Guide.