FINANCIAL-ADVANCED

FINANCIAL ADVANCED Currency/Exchange rate Advance invoice setup Credit note setup Collective invoice Advance/Credit note handling in Collective

CURRENCY/ EXCHANGE RATE SETUP Set up in Maintenance Default currency Incoming adjustment Outgoing adjustment (name setting) Vs Pricelist fetching

ADVANCE INVOICING Used when payment is required before work will start Require specific setup in Maintenance (transactions) Different behavior than normal invoices in financial area and report handling

CREDIT NOTE SETUP Specific handling if different number series used BC value 304 to be reviewed Require specific setup in maintenance (transactions)

COLLECTIVE INVOICING Batch invoicing –separate area Used when invoicing is to be done for several cases in one invoice Focus on the specification rather than invoice template Invoice behavior setup on Financial area on Name record

E-BILLING Ledes 98B/BI Mapping done on Name record Work code = Activity Code Charging Type = Task Code Cost entered via External cost = Exp. Code

TIPS & TRICKS Ad-Hoc Discount/Markup handling on case Maintenance- Name setting- VAT Name number setup