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 Payavbles. Under Receivables and Payavbles, click Create Receivables and Payables.
   The Create Receivables and Payables screen displays.

   Figure 4-1 Create Receivables and Payables

   
   

   
   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 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.