Invoicing home #
This section covers the creation and management of sales and purchase invoices.
Sales invoices are created from order and delivery information available in the system.
Purchase invoices are written into the system so that they can be checked against the delivery and order details – so that any price difference between the order and invoice can (if necessary) be updated to inventory values.
Sales and purchase invoices not related to order and delivery activities can also be managed in the system. These are referred to as miscellaneous invoices.
The invoicing system in most cases will be connected to an external financial control system. This financial system provides bookkeeping, ledgers and connection to banking systems. Depending on the external system, the transfers may be in real time or using a batch mode. Some systems require the transfer of bookkeeping accounts with the invoice. There is a system wide parameter to enforce the booking of invoices to accounts if necessary.
