Processing That is Initiated by the Voucher Component

Processing steps that occur when you save a voucher include:

• Assigning a voucher ID for auto-numbered vouchers.

  You can preassign voucher IDs on the add search page, as long as they are unique. In fact, if the auto-numbering option is disabled for the business unit, using the add search page is the only way to enter vouchers. Only the auto-numbered vouchers are assigned a voucher ID at save time.

• Determining whether the status of the control group should be updated.

• Setting one-time suppliers to inactive status.

• Calculating and prorating the discount amount, if any.

• Prorating sales tax, use tax, freight, and miscellaneous charges, as applicable.

• Calculating and prorating VAT and sales and use tax (SUT) amounts.

• Converting the transaction amount to the base currency.

• Determining payment net and discount due dates.

• Determining the scheduled payment date.

• Creating payment records.

• Performing withholding processing, as applicable.

• Creating payment records for manual payments that are recorded on the voucher.

• Checking the voucher match status.

• Validating your suppliers if financial sanctions validation is enabled.

Voucher component-initiated processing that is specific to particular circumstances (such as integration with third-party tax applications or federal payment schedule processing) is discussed in the topics that cover those circumstances.