Credit Invoice on Application

Explanation

Use this activity to credit an invoice which you no longer require. When the payment matching with the application has been confirmed and an invoice has been created the only way to unconfirm the confirmed payment matching on application is to credit the invoice created.

Prerequisites

• The invoice should be released.
• You cannot create a credit invoice if a credit invoice already exists for the selected invoice.

System Effects

• A credit invoice is created and added to the Application for Payment/Invoice tab.
• If the invoice was created after receiving payment on the application for payment, the prepayment amount allocated on the application is unconfirmed, which will leave the confirmed check box cleared.
• The invoice status on the application will change. If all the invoices are credited it will become Null.
• If all the invoices are credited, the status of the AFP will change back to Certified or Approved depending on the invoice method.

Window

Project Invoice
Application for Payment

Related Window Descriptions

Project Invoice
Application for Payment

Procedure

1. Open the Application for Payment window and query for the application which has the invoice you want to credit. Right click on the invoice line in the Invoice tab and select the Project Invoice menu option. Alternatively, you can open the Project Invoice window and query for the invoice you want to credit as well..
2. Right-click on the Project Invoice window, select the Credit Entire Invoice menu option.
3. Enter an invoice date for the Credit invoice.
4. Click OK.

Note: Refer the Credit Entire Invoice activity in IFS/Project Reporting for more information.