Invoicing plans

Handle invoicing plans on customer orders

Here you activate functionality for invoicing plans. A specific tab for invoicing plans will be activated in Register customer order. Other functionality for this will also be activated. This system setting is deactivated by default. Invoicing plans for quotes will be available later on.

Handle suspended VAT during payment of advance invoice

Here you determine how suspended VAT should be handled during payments of advance invoices. This system setting is activated by default. The system setting used for posting suspended VAT when invoicing advances is determined via exception per product group. If you activate this system setting, the VAT amount will be moved from the account for suspended VAT to the correct account for output VAT based on the customer order's VAT group.

Use separate accounts for invoiced and paid advances

Here you determine if two accounts should be used for advances, one for invoiced advances and one for paid advances. Then the turnover will be shown in the VAT report in connection with the payment of the invoice. This applies when the advanced VAT handling is not used. The setting is activated by default.

The invoiced advances are determined by the product group matrix. When the system settings above have been activated, the VAT amount will be moved from the account for suspended VAT to the correct account for output VAT based on the customer order's VAT group. This is made when the advances are paid. The advance will be reversed to the account for paid advances which in turn is linked to the VAT report. During invoicing of supplier invoice, the advance will be deducted from the account for paid invoices. If you have not activated setting for suspended VAT, the advance will be deducted from the account that was used during invoicing.

Automatic activation of forward rate on customer orders with invoicing plan

If you activate this setting, all invoices in the invoicing plan will be invoiced at the same exchange rate. This system setting is deactivated by default. However, you can override this setting per order.