Clerk Accounts Payable Question:
Explain what id recurring invoices? What are AP setup steps?
Answer:
ome times suppliers would not be sending any invoices. but still the payment have to made to home: rent, lease rentals. in this situation we have to create invoice every period wise. For that purpose we have to create one recurring invoice template. Template means with one master copy creating the multiple invoices is called template. Here we are creating the one invoice master copy is formally known as recurring invoice or recurring invoice template.
SET UP:
☛ 1) we have to create one special calendar
☛ 2) we have to create one full distribution set
☛ 3) we have to enter payment terms in the recurring invoice window
☛ 4) enter the template no, first invoice amount, special invoice amounts
SET UP:
☛ 1) we have to create one special calendar
☛ 2) we have to create one full distribution set
☛ 3) we have to enter payment terms in the recurring invoice window
☛ 4) enter the template no, first invoice amount, special invoice amounts
| Previous Question | Next Question |
| Explain me how does the payment mechanism work? | Tell me what are your plans for the future? How do you plan to grow as a professional? |