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

  1. Populate the Payment Orders window or perform a query to find the payment order.
  2. Right-click and then click Create Bill of Exchange Payment
  3. Default information will be displayed in the fields. You can modify these fields as appropriate.
  4. 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.
  5. A dialog box opens, displaying the payment information.
  6. Click OK to to confirm the information and close the dialog box.
  7. 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.
  8. Click OK to close the dialog box.