Setting supplier debit credit note function defaults

Setting supplier debit credit note function defaults

Select the “Set Function Defaults” link under the “Supplier Debit Credit Note” business component.

The “Set Function Defaults” page appears.

Enter the following fields:

Allow Multiple Finance Book Postings	Use the drop-down list box to set whether the debit / credit note postings have to be made in multiple finance books. The values loaded are “Yes” and “No”. The system displays “Yes” by default at the launch of the page.
Default Finance Book	Use the drop-down list box to set the default finance book in which all the financial postings must be made for the login organization unit. All the finance books mapped to the login organization unit will be available for selection in the ascending order.

Note: You must select the finance book if “No” has been set in the “Allow Multiple Finance Book Postings” field.

Payment Term Number Prefix	The code identifying the payment term number prefix. The value defaulted is the last stored value.
Auto Generation of Debit Note for Warranty Claims	Use the drop-down list box to indicate the status of a debit note that the system automatically creates against the supplier of a warranty claim. By default, the system sets this option to “In Authorized Status”.
Modify Pay Term	Use the drop-down list box to select the code to modify the pay term. The value loaded are “Yes” and “No”.
Allow Inheritance of Taxes Based on	Use the drop-down list box to specify the basis on which the tax is inherited in Supplier Debit Credit Note. The system lists the options “Purchase Tax Rules” and “Statutory Tax Defaults”. By default, the system displays “Statutory Tax Defaults” in this field.

Click the "Set” pushbutton to save the settings made.

The system saves the function defaults that have been set.