Based on our discussion of the invoice lifecycle, you have now gained some idea of how the billing batch processes play an important part in invoice processing. It would not be wrong to say that these batch processes handle almost every aspect of invoice processing. In this section, we'll explain these processes.
The following table lists the billing batch processes in the order they need to be executed. Note that not all of these processes are mandatory for invoice processing.
|
Process |
Description |
Purpose |
|---|---|---|
|
Billing interface |
As discussed earlier, this process loads the bill data from interface tables into the billing tables and creates new bills. It is not required if bills are manually created. | |
|
Process VAT defaults |
This process applies the Value Added Tax (VAT) default values for the bill header and bill lines based on the VAT setups. It is required only if VAT is applicable to the organization's invoices. VAT is usually... |