100,000

A/P

60,00010,000

30,000

Validate invoiceEnter invoice

Pay invoice

Create accountingentries in Subledger Accounting

Transfer informationto general ledger

Pay invoice

Record manualpayment

Createpayments

Select validated invoice

Payables

GeneralLedger

Subledger Accounting

E-Business Tax

2Prepare Mass Additions

Create Mass Additions

Post Mass Additions1 3

AssetsPayables FA Mass Additions

Create Accounting

Transfer to General Ledger1 2

GeneralLedger

PayablesSubledger Accounting

Enter Invoice

Validate InvoiceClick

Calculate Tax

View Tax Lines and Distributions

Recalculate Taxes

You may be required to withhold taxes from your supplier invoices.

Once you set up Payables to automatically withhold tax, you can withhold tax during payment processing.

You can control all withholding tax options in the Withholding Tax region of the Payables Options window.

Withholding tax invoices are automatically created in the name of the tax authority & tax payments are made against these invoices.

Enter supplierEnter invoice

Validate invoice

Create accountingentries in Subledger Accounting

Pay invoice

Create PO

Enter Purchase Requisitions

Match to PO

Standard Credit MemoDebit MemoPrepaymentWithholding Tax

• Currency• Terms

• Amount• Pay Date

• Type• Amount• Charge Acct.

• Type• Supplier• Number

ScheduledPayments

Distributions

Invoice Header

Invoice Lines

Invoices Window Invoice Header General Lines Holds View Payments Scheduled Payments View Prepayment

Applications

Other FeaturesActionsCalculate TaxTax DetailsMatchDistributions

Invoice TypeTrading PartnerSupplier NumberSupplier Site Invoice Date Invoice NumberAmountDescriptionPayment TermsPayment Method

ScheduledPayments

Distributions

Invoice Header

Invoice Lines

Type Item Freight Miscellaneous Tax

Amount

ScheduledPayments

Distributions

Invoice Header

Invoice Lines

GL DateAccountTrack as AssetDescription

ScheduledPayments

Distributions

Invoice Header

Invoice Lines

System holdsManual holds

Supplier hold Invoice hold Scheduled payment hold

The Payment Workbench, (Payments window) accessible through the Invoice Workbench, is used to generate:- Manual payment- Quick payment- Refund

A prepayment is a type of invoice you enter to make an advance payment to a supplier or employee.

You can later apply the prepayment to one or more invoices you receive from the supplier or employee to offset the amount paid to them.

Ensure:

1.Invoice Validation2.Create Accounting3.Transfer to GL