Create Supplier Bill of Exchange Payment
Explanation
Use this activity to create supplier bill of exchange payments within the system and to
print bills of exchange. If stamp duty is to be applied
for the bill type and if the bill of exchange amount is more than the minimum
division amount specified in the
Stamp Duty window, the bill
is divided into several bills to decrease the stamp duty amount applied
for the bill. Otherwise, (i.e. if the bill of exchange amount is less than the
minimum division amount but more than the minimum BoE amount) no division will be
made to the bill of exchange, but
stamp duty will be applied based on the information in the
Stamp Duty window.
Prerequisites
This activity requires that a payment order exist for a supplier bill of exchange payment.
System Effects
As a result of this activity, supplier bills of exchange
are printed. The cash accounts are not affected until the bills of exchange are
cashed.
Window
Payment
Orders
Related Window Descriptions
Payment Orders
Procedure
- Populate the Payment
Orders window or perform a query to find the payment order.
- Right-click and then click Create Bill of Exchange Payment.
- Default information will be displayed in the
fields. You can modify these fields as appropriate.
- If you modify the bill type that will be used to create the
bill of exchange, the number series used will also be changed automatically
according to the selected bill type.
- A dialog box opens, displaying the payment
information.
- Click OK to to confirm the information and close the dialog box.
- If stamp duty is allowed for the selected bill type,
and if stamp duty is applicable to the bill of exchange that was created, a dialog
box will open showing the stamp duty information and any splitting
done to the bill of exchange.
- Click OK to close the dialog box.