1. Infor LN 10.4 Invoicing - Advance Invoicing Enhancements
Version: July 3, 2014
Rollout training
Campus Course Code: 02_ _EEN0472_ELN
July 2014
Ramamurthy Mahesh

2. 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

3. 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.

4. 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 will be available as it is as “Advance Invoice” in ERP LN 10.4.

5. 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.

6. Parameters

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

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

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

10. 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 10%
Advance Payment Request for EUR 400.
Net Amount
Tax Amount
Invoice Amount
Sales Listing
Advance Payment Request
400
Not logged
Goods Invoice ( EUR Settlement EUR 400)
600
100
700
1000

11. Demo