Edit Pack Slip Invoice – A summary of the activity
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This activity allows you to modify a pack slip invoice. You can search and select the invoice that you want to modify. You can modify an invoice that is in the “Draft”, “Fresh” or “Returned” status. The system retains the “Draft” status or allows a “Fresh” invoice to be saved in the “Draft” status to make modifications that are required. A default payment schedule is generated afresh based on the modifications made. The financial postings are also made based on the modifications made.
This activity also allows you to authorize the invoice while saving the modifications made. You can authorize an invoice that is in the “Fresh” status. The status of the invoice after authorization is updated as “Authorized”. A default payment schedule is generated afresh based on the modifications made. The financial postings are also made based on the modifications made.
This activity also allows you to delete invoices that are not required. You can delete an invoice that is in the “Draft” or “Fresh” status. The status of the invoice after deletion is updated as “Deleted”. This deleted invoice can not be used any longer. You can also delete multiple invoices at a time.
Getting familiar with the pages inside
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Go to page… |
For… |
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Select Invoice |
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Edit Invoice |
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Tax / Charge / Discount |
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Payment Schedule |
Modifying payment schedule |
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Payment Information |
Modifying payment information |
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Invoice Summary |
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Accounting Information |
What you can do in this activity
Modify Tax / Charge / Discount (TCD)
View the summary of the invoice
View the various account postings
Provision to authorize the invoice
Modify cost center and analysis details
Pack slip invoices can be modified before authorization. Invoices that are in the “Draft”, “Fresh” and “Returned” status can be modified. The invoice retains the “Draft” or “Fresh” status as required if some more modifications are to be made.
Go to “Edit Invoice” page.
Modify the necessary information.
Pack slip invoices that are modified can be authorized immediately. Invoices that are in the “Fresh” status can be authorized. The status of the invoice after authorization is updated from “Fresh” as “Authorized”. An authorized invoice cannot be modified any longer.
Go to “Edit Invoice” page.
Modify the necessary information and authorize the invoice.
Pack slip invoices that are no longer required can be deleted. Invoices that are in the “Draft” or “Fresh” status can be deleted. The status of the invoice after deletion is updated as “Deleted”. A deleted invoice cannot be used at all. The pack slips based on which the invoice was created can be retrieved again for creating a new pack slip invoice.
Go to “Edit Invoice” page.
Delete the invoice.
Multiple invoices that are not required by the user can be deleted. The status of the invoice after deletion is updated as “Deleted”. These deleted invoices cannot be used any further. The pack slips based on which these invoices were created can be retrieved again for creating new pack slip invoices.
Go to “Select Invoice” page.
Search, mark and delete the invoices that are not required.
Pack slip invoices can be adjusted manually or automatically against a prepayment invoice, credit note or other credit documents after authorization. The system allows the user to set whether the invoice must be adjusted manually or automatically.
Go to “Edit Invoice” page.
Set the method of adjustment.
The unit price of the item that is retrieved based on the price list code, can be modified. This modification can be made if the “Allow Price Change” has been set to “Yes” in the “Set Function Defaults” activity.
Go to “Edit Invoice” page.
Modify the unit price.
The payment schedule for an invoice is generated based on the default pay term set for the customer in the “Customer” business component. This default pay term can be modified based on the function defaults that have been set for the transaction. If the “Modify Pay Term” has been set to “Yes” in the “Set Function Defaults” activity, the default pay term can be modified. The system generates the payment schedule for the invoice based on the revised pay term.
Go to “Edit Invoice” page.
Modify the pay term.
Modify Tax / Charge / Discount (TCD)
TCDs that have been entered for the selected pack slip invoice can be modified. The system generates a payment schedule taking into account the TCD details entered apart from the invoice amount.
Go to “Tax / Charge / Discount” page.
Modify the applicable TCD details.
TCDs can be entered in two different levels for an invoice. The two different levels are at the “Document level” and at the “Line level”. At the document level the TCD that are common for all the items available in the invoice can be entered. At the line level the TCD that are unique for the individual items can be entered.
Go to “Tax / Charge / Discount” page.
Select the level in which the TCD must be entered.
A payment schedule gives you the pattern of in-flow of cash for the invoice. The system generates the payment schedule based on the default pay term set for the customer. The payment schedule can be modified based on the business requirements of the organization. The payment schedule can be modified provided the invoice is in the “Draft”, “Fresh” or “Returned” status. The payment schedule is frozen when the invoice is authorized. A new payment schedule is also generated based on the changes made to the invoice.
Go to “Payment Schedule” page.
Make the required changes and generate a new payment schedule.
View the summary of the invoice
An invoice summary contains the details of the invoice along with the details of the payment received and the details of the adjustments that have been made. The receipt details of the invoice can be viewed provided an advance has been received. An invoice can be adjusted immediately on authorization. The details of the adjustment can be viewed if the invoice has been adjusted.
Go to “Invoice Summary” page.
View the details of the invoice, receipt and adjustments made.
View the various account postings
The invoice amount is debited or credited under various account heads in a finance book. The various postings that occur for a transaction can be viewed account wise in both the base currency and the parallel base currency of the company.
Go to “Accounting Information” page.
View the account posting details.
Freight amounts are taken from the corresponding pack slips. The currency in which the freight amount is entered could be different from the invoice currency. The system saves the freight amount in the account currency in the “Freight Control Account”.
Go to “Freight Charges” page.
Modify the freight details.
Provision to authorize the invoice
This activity provides the facility to authorize an invoice. Authorization can also be done while saving the modifications made to the TCD, freight details, payment schedule, and payment information. Authorization can also be made while calculating and when postings occur.
Go to “Tax / Charge / Discount” page.
Go to “Payment Schedule” page.
Go to “Payment Information” page.
Modify cost center and analysis details
The details of the invoice are updated in the “Item Revenue” account and “TCD” account as required. A cost center is mapped to these account heads. Budgets can also be set to control and analyze the freight or the TCD incurred. The analysis of the budget against the actual for these accounts can be done with the analysis codes that are mapped to the account.
Go to “ Create Invoice” page.
Go to “Tax / Charges / Discount” page.
Modify the cost center and analysis details required.
A pack-slip invoice, after authorization is adjusted with credit documents like a prepayment invoice, credit notes or advance receipts. For manual adjustment, a search must be carried out to retrieve these credit documents. The documents against which the invoice must be adjusted can be selected and the adjusted accordingly. New credit documents can be added to the list.
Go to “Adjustment” page.
Search, retrieve and select new documents for adjustment.