Setting function defaults

This activity allows you to define the functional defaults for the “Customer Invoice” business component.

Select the “Set Function Defaults” link under the “Customer Invoice” business component.

The “Set Function Defaults” page appears.

Enter the following fields:

Modify Pay Term

Use the drop-down list box to select one of the following options:

Select “Yes”, if you wish to allow the modification of pay term while raising the invoice.
Select “No”, if you wish to prevent the modification of pay term while raising the invoice.

The system displays “No” by default.

Allow Multiple Finance Book Postings

Use the drop-down list box to set whether invoice postings have to be made in multiple finance books.

Select “Yes”, if invoice postings have to be made in multiple finance books.
Select “No”, if invoice postings should not be made in multiple finance books.

The system displays “No” by default.

Default Finance Book

Use the drop-down list box to select a finance book in which all the financial postings must be made for the login organization unit. All the finance books deployed in the login organization unit will be available for selection in alphabetical order.

Note: If the “Allow Multiple Finance Book Postings” field is set to “No”, it is mandatory to select the default finance book.

Pay Term Prefix	The prefix to be used for the pay term (Alphanumeric, 128).
Print Invoice Based On	Use the drop-down list box to specify whether the invoice must be printed with gross values or the adjusted values. The system displays the following options: “Gross Values” – Select this option to generate and print the invoice report based on the actual invoice values. “Adjusted Values” - Select this option to generate and print the invoice report with net values. Net value is the actual invoice values minus adjusted values, if any. The system displays “Gross Values”, by default
Compute Tax on Net Liability	Use the drop-down list box to specify whether you want to compute tax based on net liability. The system displays “Yes”, by default.
Always Adjust Prepayment With Regular Invoice	Use the drop-down list box to set whether you want to adjust the prepayment amount paid, against the customer order value. Select “Yes”, if you wish to enable the adjustment of prepayment amount against the customer order value. Select “No”, if you wish to prevent the adjustment of prepayment amount against the customer order value. The system displays “Yes”, by default.
Allow Modification of Taxable Amount?	Use the drop-down list box to specify whether you wish to allow modification of taxable amount. You can choose from the options “Yes” or “No”.

Enter the following in the "Additional Parameter" group box:

Ref. Date for Tax Invoice Window Calculation (Aircraft)	Use the drop-down and select the reference date to be used for Tax Invoice Window Calculation for Aircraft. The system lists and defaults the value “Root Exec. Document Closure date”.
Ref. Date for Tax Invoice Window Calculation (Shop)	Use the drop-down and select the reference date to be used for Tax Invoice Window Calculation for Shop. The system lists and defaults the value “Direct Issue Confirmation Date”.

Click the “Set” pushbutton to set the function defaults.

The system saves the function defaults along with the login IDof the user and the system date.

The system displays the following in the “Record Statistics” group box:

Created By	The login ID of the user who has set the function defaults.
Created Date	The date on which the default options were set.
Last Modified By	The login ID of the user who has last modified the function defaults.
Last Modified Date	The date on which the default options were last modified.