AP INVOICES: 11 invoice are there
1)Regular invoice(9)
2)Special invoice(2)
1)Regular Invoice
1. Standard invoice
2. Credit memo
3. Debit memo
4. Prepaid invoice
5. Expence report
6. Quck invoice
7. Mixed invoice
8. PO default
9. Withholding Tax invoice
2)Special Invoice
1. Recurring invoice
2. Interest invoice
AR TRANSACTIONS(Invoice) 7
1. Invoice
2. Credit memo
3. Debit memo
4. Deposit
5. Guaranty
6. Chargeback
7. Bills Receivables
Definitions:
Standard Invoices: Standard Invoice are invoices from a supplier representing an amount due for goods or services purchased. Standard invoices can be either matched to a purchase order or not matched. Standard invoices must be positive amounts.
Mixed Invoices: Mixed Invoices can be matched to both purchase orders and invoices. Mixed invoices can have either positive or negative amounts.
PO Price Adjustment Invoices: PO Price Adjustment Invoices are for recording the difference in price between the original invoice and the new purchase order price. PO price adjustment invoices can be matched to both purchase orders and invoices.
Credit Memo: Credit Memos are memos from a supplier representing a credit amount toward goods or services. Credit memos are always negative amounts.
Debit Memo: Debit Memos are invoices you enter to record a credit for a supplier who does not send you a credit memo.
Prepayment: Prepayments are invoices you enter to record an advance payment for expenses to a supplier or employee.
Expense Reports: Expense Reports are invoices representing an amount due to an employee for business-related expenses.
