Hold / Release Prepayment Invoice – A summary of the activity

This activity allows you to put a prepayment invoice on hold. A prepayment invoice is put on hold from being adjusted against a debit document or from raising a regular invoice. The payment schedule that is generated is retained. This activity also allows you to release a prepayment invoice that is in the “Held” status.

You can search and select the prepayment invoice that you want to put on hold or release. You can put a prepayment invoice that is in the “Authorized” status on hold and release a prepayment invoice that is in the “Held” status. The payment schedule of the prepayment invoice that has been released will be activated again. The status of the prepayment invoice is updated accordingly.

This activity also allows you to view the details of the payment schedule, the taxes, charges, discounts applicable. This activity also allows you to view the summary of the invoice, which includes the receipt and the adjustment information and the account posting information. You can also record your observations regarding the prepayment invoice. The system maintains a history of the observations that are recorded.

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