Working with Invoices
This section describes the processes and tasks that can be performed in Invoices .
Prerequisites
You can create invoices only in Contracts . Before you can create an invoice, you must perform the following actions in Contracts :
• The Payment contract? option should be set to No. The Payment contract option indicates that the invoice is a sales invoice if it is set to No or a purchase invoice if it is set to Yes.
• Is invoiceable from is a date field. This field indicates the date from when a contract starts generating invoices. Therefore set the start date to generate invoices in this field.
• Invoice address is an address field. This field contains the address of an accepting contract party for whom the invoice is being generated. If an address is specified for an accepting contract party, it will be displayed in this field. Otherwise, you can select the address of the accepting contract party manually.
• The Amounts field for a contract line contains the financial data of the contract. Enter the amount appropriately.