4 Process to Create Receivables and Payables

This topic describes the systematic instruction to create invoices/purchase orders/debit notes/credit notes.

The user can search the invoices/purchase orders/debit notes/credit notes based on various parameters such as reference number, supplier, buyer, date range, and so on and change their processing status.
  1. On Home screen, click Receivables and Payables. Under Receivables and Payables, click Create Receivables and Payables.
    The Create Receivables and Payables screen displays.

    Figure 4-1 Create Receivables and Payables


    Description of Figure 4-1 follows
    Description of "Figure 4-1 Create Receivables and Payables"

  2. Specify the details on the Create Receivables and Payables screen.

    Note:

    The fields marked as Required are mandatory.

    For more information on fields, refer to the field description table.

    Table 4-1 Create Receivables and Payables - Field Description

    Field Description
    Instrument Type Select the instrument type. The available options are:
    • Invoice
    • Purchase Order
    • Debit Note
    • Credit Note
    Record Status Click on the respective switch to create a new/existing invoices.
    Branch Specify your branch.

    By default, the branch of the logged-in user is selected.
    Processing Date Displays the date on which the instrument is processed.
The user can create the following instruments:
  • Create Bulk Instruments
    Invoices and Purchase Orders can be created in bulk sequentially through the Create Receivables & Payables UI.
  • Create Invoice
    This topic describes the systematic instruction to create an invoice using Create Receivables and Payables screen.
  • Create Purchase Order
    This topic describes the systematic instruction to create a purchase order using Create Receivables and Payables screen.
  • Create Debit Note
    This topic describes the systematic instruction to create a debit note using Create Receivables and Payables screen.
  • Create Credit Note
    This topic describes the systematic instruction to create a credit note using Create Receivables and Payables screen.