This topic describes the systematic instruction to create an invoice using Create Receivables and Payables screen.

1. On Create Receivables and Payables screen, select Invoice from the Instrument Type list.

Basic Information

2. Click Proceed to view the screen for populating the invoice details.
   The Invoice - Basic Information screen displays.

   Figure 4-2 Invoice - Basic Information

   
   

   
   Description of "Figure 4-2 Invoice - Basic Information"

   
   
3. Specify the fields on Basic Information screen.

   Note:

   The fields marked as Required are mandatory.

   For more information on fields, refer to the field description table.

   Table 4-2 Basic Information - Field Description

   Field	Description
   Invoice Number	Specify the unique reference number for invoice to be created. OR Click the Search icon to select the existing invoice number. This field cannot be modified once authorized.
   Invoice Date	Click the Calendar icon and select the date of invoice creation. By default, the system’s current date is set.
   Invoice Value Date	Click the Calendar icon and select the invoice value date. This date may be different from the invoice date.
   Invoice Due Date	Click the Calendar icon and select the date by when the invoice is due.
   Supplier	Click the Search icon and select the supplier of the goods/commodity. This field cannot be modified once authorized.
   Relationship	Click the Search icon and select the relationship of the selected supplier under which this invoice should be created. This field cannot be modified once authorized.
   Program	Click the Search icon and select the required program under which the invoice should be created. This field is applicable to only OBSCF system.
   Buyer	Click the Search icon and select the buyer to create the invoice for. This field cannot be modified once authorized.
   Supplier Division Code	Click the Search icon and select the division code of the supplier.
   Buyer Division Code	Click the Search icon and select the division code of the buyer.
   Currency	Select the currency of the invoice.
   Pre-Accepted	Switch the toggle ON if the invoice is pre-accepted by the buyer.
   BIC Routing Code	Specify the BIC or SWIFT code of the financial institution, to send the payment amount to.
   Funding Request Date	Click the Calendar icon and select the date on which funding for the invoice was requested.
   Remarks	Specify the comments regarding the invoice, if any.
   Virtual Account	Switch the toggle ON, if the repayment account is a virtual one.
   Bank	Specify the bank name of the repayment account.
   Branch	Specify the branch name of the repayment account.
   Repayment Account Number	Specify the account number to send the repayment amount to.
   Filler Fields/Miscellaneous Fields	Specify the desired values in the filler fields. The bank can configure these fields on Day Zero based on their requirement.

4. Perform any of the below action from the Basic Information screen.
   • Click Next to go to the Purchase Order, Commodity and Pricing screen.
   • Click Save & Close to save the invoice details and submit it for authorization.
   • Click Cancel to cancel the creation of the invoice.

Purchase Order, Commodity and Pricing

5. Click Next on Basic Information tab.
   The Invoice - Commodity and Pricing screen displays.

   Figure 4-3 Invoice - Purchase Order, Commodity and Pricing

   
   

   
   Description of "Figure 4-3 Invoice - Purchase Order, Commodity and Pricing"

   
   

   For more information on fields, refer to the field description table.

   Table 4-3 Purchase Order, Commodity and Pricing - Field Description

   Field	Description
   Invoice Number	Displays the reference number of the invoice.
   Buyer	Displays the name of the buyer.
   Supplier	Displays the name of the supplier.
   Invoice Due Date	Displays the date when the invoice is due.

6. Switch the Link Purchase Orders toggle ON to link one or more purchase orders to the invoice.
   1. In the Link Purchase Orders section, click Add icon to link one or more purchase orders to the invoice.
      The Link Purchase Orders screen displays.

      Figure 4-4 Link Purchase Orders

      
      

      
      Description of "Figure 4-4 Link Purchase Orders"

      
      
   2. On the Link Purchase Orders screen, specify the required search criteria and click Fetch.
      The relevant purchase order records are displayed.
   3. Select the records and click Save to link the purchase orders to the invoice.
      The Link Purchase Orders section displays with the linked purchase orders.For more information on fields, refer to the field description table.

      Table 4-4 Link Purchase Orders - Field Description

      Field	Description
      Purchase Order Number	Displays the purchase order numbers of the same buyer-seller combination as the invoice.
      Purchase Order Amount	Displays the purchase order amount.
      Purchase Order Available Amount	Displays the purchase order amount as purchase order available amount. Once a purchase order is linked to an invoice, Purchase Order Available Amount = Purchase Order Amount - Invoice Allocated Amount.
      Invoice Allocated Amount (PO CCY)	Displays the invoice amount allocated to a purchase order in PO currency. This field is editable and allows you to add the amount manually as well. On entering this value, the invoice allocation percentage is automatically updated. If Purchase Order Available Amount is greater than or equal to Invoice Amount, the entire invoice amount is allocated to the PO by default. If not, the invoice Amount to the extent of PO Available Amount is allocated to the purchase order.
      Exchange Rate	Displays the exchange rate between invoice currency and PO currency.
      Invoice Allocated Amount (Inv CCY)	Displays the invoice amount allocated to a purchase order in invoice currency.
      Invoice Allocation Percentage	Displays the percentage of invoice amount allocated to a purchase order. This field is editable and allows you to add the percentage manually as well. On entering this value, the invoice allocated amount is automatically updated.
      Purchase Order Available Amount Post-Linkage	Displays the available purchase order amount post the linkage with invoice.
      Action	Displays the following options to edit or delete the purchase order record. Click Edit icon to edit the record. Click Delete icon to delete the record.

7. Switch the Add Commodities toggle ON to add the Commodity details.
8. In the Add Commodities section, click Add icon to add the commodity details.
   For more information on fields, refer to the field description table.

   Table 4-5 Commodity Details - Field Description

   Field	Description
   Commodity Details	Displays the fields related to the Commodity details. This section appears if the Add Commodities toggle is switched ON.
   PO Number	Displays the reference number of the linked purchase orders.
   Commodity Name	Displays the commodity name based on the selected commodity code.
   Unit	Select the measuring unit for the goods.
   Quantity	Specify the quantity of the goods as per selected measuring unit.
   Unit Cost	Specify a single unit’s cost of the goods.
   Discount (%)	Specify the percentage of discount to be applied on the total cost.
   Discount Amount	Displays the discount amount based on the discount percentage.
   Tax (%)	Specify the percentage of tax to be applied on total amount post discounting.
   Tax Amount	Displays the tax amount based on tax percentage.
   Net Cost (PO Ccy)	Displays the total amount of the commodity after discount, and inclusion of tax. Total Net Cost should be equal to Total Invoice Allocated Amount. The value is displayed in the PO Currency.
   Net Cost (Inv Ccy)	Displays the total amount of the commodity after discount, and inclusion of tax. Total Net Cost should be equal to Total Invoice Allocated Amount. The value is displayed in the Invoice Currency.
   Action	Displays the following options to edit or delete the commodity details. Click Edit icon to edit the record. Click Delete icon to delete the record.

9. In the Pricing Details section, specify the following pricing details.

   Note:

   The fields marked as Required are mandatory.

   For more information on fields, refer to the field description table.

   Table 4-6 Pricing Details - Field Description

   Field	Description
   Currency	Displays the selected currency.
   Base Invoice Amount	Displays the base amount of the invoice. This field is editable and allows you to add the base amount manually, if the Base Invoice Amount is greater than or equal to the Total Net Cost.
   Discount Percentage	Specify the percentage of discount to be applied on the base invoice amount. Discount percentage is auto-calculated based on entered discount amount.
   Discount Amount	Specify the amount to be discounted from the base invoice amount. Discount amount is auto-calculated based on entered discount percentage.
   Tax (%)	Specify the percentage of tax to be levied on the total invoice amount. Tax percentage is auto-calculated based on entered tax amount.
   Tax Amount	Specify the amount of tax to be levied on the total invoice amount. Tax amount is auto-calculated based on entered tax percentage.
   Total Invoice Amount	Displays the total invoice amount post calculating base invoice amount, discount, and tax.
   Misc Charge 1 Desc	Specify the description of the miscellaneous charges to be added in total invoice amount.
   Misc Charge 1 Amount	Specify the miscellaneous charge amount to be added in total invoice amount.
   Misc Charge 2 Desc	Specify the description of another miscellaneous charges to be added in total invoice amount.
   Misc Charge 2 Amount	Specify the miscellaneous charge amount to be added in total invoice amount.
   Net Invoice Amount	Displays the net invoice amount post adding miscellaneous charges in the total invoice amount.
   Acceptance Amount	Specify the invoice amount that has been accepted by the Buyer.
   Primary Discount Days	Specify the primary discount days.
   Primary Discount Percentage	Specify the primary discount percentage.
   Secondary Discount Days	Specify the secondary discount days.
   Secondary Discount Percentage	Specify the secondary discount percentage.

10. Perform any of the following action from the Commodity and Pricing screen:
    • Click Next to go to the Shipment Information screen.
    • Click Save & Close to save the invoice details and submit it for authorization.
    • Click Back to go to the Basic Information screen.
    • Click Cancel to cancel the creation of the invoice.

Shipment Information

11. Click Next on Commodity and Pricing tab.
    The Invoice - Shipment Information screen displays.

    Figure 4-5 Invoice - Shipment Information

    
    

    
    Description of "Figure 4-5 Invoice - Shipment Information"

    
    
12. Specify the fields on Shipment Information screen.

    Note:

    The fields marked as Required are mandatory.

    For more information on fields, refer to the field description table.

    Table 4-7 Shipment Information - Field Description

    Field	Description
    Invoice Number	Displays the reference number of the invoice.
    Buyer	Displays the name of the buyer.
    Supplier	Displays the name of the supplier.
    Invoice Due Date	Displays the date when the invoice is due.
    Shipment Date	Click the Calendar icon and select the date on which the buyer expects commodity to get dispatched.
    Shipment Number	Specify the unique shipment number to track the shipment.
    Shipment Address	Specify the complete address where shipment should be sent.
    Shipment Country	Select the country to send the shipment to.
    City	Select the city to send the shipment to.
    Zip Code	Specify the postal code to send the shipment to.
    Phone Number	Specify the contact number of the shipment company.
    Tax Id	Specify the unique tax id if shipment charge includes tax amount.
    Reason for Export	Specify the reason for exporting the shipment.
    Terms of Sale(Incoterms)	Select any of the following terms of sales: DAF – Delivered At Frontier DES - Delivered Ex Ship DEQ - Delivered Ex Quay DDU - Delivered Duty Unpaid CIP - Carriage and Insurance Paid To CPT - Carriage Paid To CIF - Cost, Insurance and Freight CFR - Cost and Freight FOB - Free On Board DDP - Delivered Duty Paid FCA - Free Carrier EXW - Ex Works FAS - Free Alongside Ship
    Net Payment Terms	Specify the terms of payments, if any.
    Country of Origin	Select the country from where the shipment is being sent.
    Payment Condition	Select the payment condition. The options are: Open Account Bill of exchange against acceptance Bill of exchange against payment Documents through banks Instalment payment without draft Instalment payment with draft Other

13. Perform any of the below action from the Shipment Information screen:
    • Click Next to go to the Summary screen.
    • Click Save & Close to save the invoice details and submit it for authorization.
    • Click Back to go to the Commodity and Pricing screen.
    • Click Cancel to cancel the creation of the invoice.

Summary

14. Click Next on Shipment Information tab.
    The Invoice - Summary screen displays.

    Figure 4-6 Invoice - Summary

    
    

    
    Description of "Figure 4-6 Invoice - Summary"

    
    
15. Review the detail of the invoice being created and perform any of the following action from the Summary screen.
    • Click Save & Close to save the invoice details and submit it for authorization.
    • Click Back to go to the Shipment Information screen.
    • Click Cancel to cancel the creation of the invoice.

    Note:

    A cashflow record is automatically created for every new invoice record, if the ‘Create Cashflow from Invoice’ system-level configuration parameter is set to ‘Yes’.