This screen is displayed when Settle is clicked in the Instrument status screen at Cash flow ➔ Miscellaneous ➔ Instrument status. For more information, see Overview of payment instrument status – Letter of credit (cash in).
This displays the ID and name of the debtor who makes the payment. This is pre-filled.
This displays the invoice number. This is pre-filled.
This displays the bank account number and bank name from where the payment is made. This is pre-filled.
This displays the deposit amount. The currency in which the deposit was made is also displayed. This is pre-filled.
This displays the date the letter of credit was issued. This is pre-filled.
This displays the payment reference. This is pre-filled.
This displays the instrument number. At Letter of credit, it displays the instrument number for this letter of credit. At Last, it displays the instrument number for the last letter of credit. This is pre-filled.
This displays the deposit amount in the default currency. At XRate, the exchange rate between the default currency and the currency in which the payment was made by the debtor is displayed. This is pre-filled. For more information, see Creating and maintaining exchange rates.
This displays the maturity date of the letter of credit. This is pre-filled.
Note: For more information on the pre-filled data in the Invoice and Bill of exchange sections, see Creating and maintaining payment conditions for sales orders, service orders, and sales quotations.
This displays the type of deposit you have made. This is pre-filled.
This displays the bank account number where payment will be deposited. This is pre-filled.
This displays the date the deposit was made and the deposit number. This is pre-filled.
Note: For more information on the pre-filled data in the Deposit section, see Depositing bill of exchange.
This displays the cash instrument used for settlement purpose in the Bill settlement: Cash Instrument screen. For more information, see Depositing bill of exchange.
Type or select the date of the settlement.
Type the bank cost. This is the amount charged by the bank for its services. At VAT, type or select the VAT code. Once the VAT code is selected, the VAT amount is displayed next to it.
This displays the total costs. This is pre-filled.
Click Simple to display the screen in the simple mode. Click Advanced to display the screen in the advanced mode.
Click this to settle the payment. At the Instrument status screen, Settle will change to Unsettle when the settled payment is selected. Click Unsettle to cancel the payment settlement process.
Click this to exit.