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Understanding Type Input Codes

Understanding Type Input Codes

Concept

When you enter and process manual receipts, you must be familiar with the type input codes that are available and how the system uses them.

 

When applying receipts to invoices, you can use type input (TI) codes to automatically calculate amounts to apply for payments, discounts, write-offs, chargebacks, and deductions.

Procedure

In this topic, you will review the types of input codes for standard receipts entry.

Step Action
10 – Simple Invoice Match

Calculations:

• Payment amount = current open amount – discount available

• Discount taken = discount available

• Write-off = optional

• Chargeback = optional

• Deduction = optional

Step Action
Review this example of how to use the Simple Invoice Match (Type Input 10) code to enter receipts.

In this example:

• The outstanding invoice amount is 1000.00, and the payment terms are 1/10, net 30.

• You receive 990.00 for invoice 123 within the discount period.

• Using type input 10, the system applies 990.00 and allows the discount of 10.00.

11 – Invoice Match with Automatic Chargeback for Discount Amount

Calculations:

• Payment amount = current open amount – discount available

• Discount taken = optional

• Write-off = optional

• Chargeback = discount available

• Deduction = optional

Step Action
Review this example of how to use the Invoice Match with Automatic Chargeback for Discount Amount (Type Input 11) code to enter receipts.

In this example:

• The outstanding invoice amount is 1000.00, and the payment terms are 1/10, net 30.

• You receive 990.00 for invoice 123 after the discount period has expired.

• Using type input 11, the system applies the 990.00 and creates a chargeback for 10.00.

15 – Invoice Match with Write-Off

Calculations:

• Amount applied = current amount – discount available

• Discount taken = discount available

• Write-off = current open amount – amount applied, discount taken, chargeback amount, and deduction amount

• Chargeback = optional

• Deduction = optional

Step Action
Review this example of how to use the Invoice Match with Write-off (Type Input 15) code to enter receipts.

In this example:

• The outstanding invoice amount is 1000.00, and the payment terms are 1/10, net 30.

• You receive 970.00 for invoice 123 within the discount period. You decide to create a write-off for the 20.00 instead of creating a chargeback invoice.

• Using type input 15, the system applies the 970.00, allows 10.00 for the discount, and creates a write-off for 20.00.

16 – Invoice Match with Chargeback

Calculations:

• Amount applied = current open amount – discount available

• Discount taken = discount available

• Write-off = optional

• Chargeback = current open amount – amount applied, discount taken, write-off, and deduction amount

• Deduction = optional

Step Action
Review this example of how to use the Invoice Match with Chargeback (Type Input 16) code to enter receipts.

In this example:

• The outstanding invoice amount is 1000.00, and the payment terms are 1/10, net 30.

• You receive 600.00 for invoice 123 within the discount period.

• Using type input 16, the system applies the 600.00, allows 10.00 for the discount, and creates a chargeback for 390.00.

17 – Invoice Match with Deduction

Calculations:

• Amount applied = current open amount – discount available

• Discount taken = discount available

• Write-off = optional

• Chargeback = optional

• Deduction = current open amount – amount applied, discount taken, write-off, and chargeback

Step Action
Review this example of how to use the Invoice Match with Deduction (Type Input 17) code to enter receipts.

In this example:

• The outstanding invoice amount is 1000.00, and the payment terms are 1/10, net 30.

• You receive 850.00 for invoice 123 within the discount period. You decide to create a deduction for the remaining amount of 140.00, which you will research and resolve at a later time.

• Using type input 17, the system applies the 850.00, allows the discount of 10.00, and creates a deduction for 140.00.

You have reviewed the types of input codes for standard receipts entry.

End of Procedure.

Ayman Refat
Over 20 years of experience in IT area, working as Oracle JD Edwards Developer with expertise in Windows Server, SQL Server and Microsoft Exchange Server, experience in Linux operating systems (Debian and Redhat), VMWare ESX / ESXi, Novell Netware, relational databases like Oracle 10/11g and backup solutions from Computer Associates. Large experience in high-end servers from Dell and HP, having the following certifications: Microsoft: MCP, MCSE, MCDBA, MCSA and MCT (2008 ~ 2013), Computer Associates: Technical Specialist – Storage and Backup Solutions,
http://www.AymanRefat.com

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