Infor LN 10.4 Invoicing - Advance Invoicing Enhancements Version: July 3, 2014 Rollout training Campus Course Code: 02_0021040_EEN0472_ELN July 2014 Ramamurthy Mahesh

Agenda Advance Invoicing Enhancements – Why ? Advance Invoice / Payment Request – Solution Overview Advance Payment Request – Solution Details Parameters Advance Payment Request – Invoicing Advance Payment Request – Settlement Demo

Advance Invoicing Enhancements – Why ? Till ERP LN 10.3, when an Advance Installment is invoiced, they are treated as actual invoices with tax amounts and logged in sales listing. Customers wanted an ability to distinguish Advance Invoice having tax implications and an Advance Payment Request without tax implication . Advance Invoice with tax implication - Relates to a delivery or a performance. They are logged in sales listing. Advance Payment Request with no tax implication – A note or request for payment before commencement of any delivery or performance. This has no tax implications, consequently not logged in sales listing as well.

Advance Invoice / Payment Request – Solution Overview Parameterized option to make available Advance Invoice Advance Payment Request Both Advance Payment Request handled without any tax implication, during invoicing. The existing functionality relating to advance installments till ERP LN 10.3 will be available as it is as “Advance Invoice” in ERP LN 10.4.

Advance Payment Request – Solution Details Introduced in ERP LN 10.4 Advance Payment Requests can be created and released to Invoicing from Order management - Sales Project Contract Specification of type of Advance Installment to use in Sales Order Parameter ( Request / Invoice / Request or Invoice) Contract Parameters ( Request / Invoice / Request or Invoice) “No Tax” tax code used.

Parameters

Advance Payment Request - Invoicing Separate transaction type and series can be maintained in the Invoicing Parameters by Source Type.

Advance Payment Request - Invoicing Simple layout printed to request payment. No sales listing records created.

Advance Payment Request - Invoicing Additional element logged in Integration Transaction for mapping Advance Payment Request – Yes / No.

Advance Payment Request - Settlement When goods invoice is settled with Advance Payment request, tax is calculated on the full goods invoice line amount. Sales Listing is logged for full invoice line amount. Example Sales Order Line EUR 1000 with tax rate @ 10% Advance Payment Request for EUR 400.   Net Amount Tax Amount Invoice Amount Sales Listing Advance Payment Request 400 Not logged Goods Invoice ( EUR 1000 - Settlement EUR 400) 600 100 700 1000

Demo