Invoice Information Section - IAConnect - Foundation 23.1 - Foundation 23.1 - Ready - OnBase - external

The Invoice Number is manually entered during the indexing process.

No

This Invoice Date is manually entered during the indexing process.

No

This Invoice Amount is manually entered during the indexing process.

No

The Due Date is a calculated field based on the Terms Code Keyword Type Value.

The Terms Code is automatically populated from the Default Terms Code Costpoint Vendor Master table when the vendor ID is populated during indexing for a non PO invoice, or, alternatively, the terms code is automatically populated from the Costpoint PO Header table when the Purchase Order ID and Release Number fields are populated during indexing.

The payment terms days and discount percent are derived from the Costpoint VEND_TERMS table during indexing. The payment terms may be based on one of four options:

• Net Terms: For example, a Net 30 terms code adds 30 days to the invoice date to get the payment due date.

• Discount Plus Net Terms: For example, a 2% 10 Net 20 terms code makes two calculations, one for the discount date if a payment is made early and another for the net due date. In this case the invoice date plus 10 days would be the discount due date and the invoice date plus 20 days would be the payment due date without discount.

• Day of Month: Payment due date is always the same day of the month, which is specified in the VEND_TERMS table.

• Range of Days: If the invoice date falls within a date range set in the terms table, payment is made on a specific date. If the invoice date falls outside the specified range, then the payment is made on another specified date.

Yes

This button allows the user to see the conversion difference between the transactional invoice currency and the company functional currency amounts. The values are based on the values entered during the indexing process and cannot be edited.

This feature requires that the multicurrency feature in IAConnect is being used and that the invoice has been coded in a currency different from the functional currency of the company.

N/A