Settling bill of exchange
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).
Fields
Invoice section
Debtor
This displays the ID and name of the debtor who makes the payment. This is pre-filled.
Invoice
This displays the invoice number. This is pre-filled.
Bill of exchange section
Cash instrument
This displays the bank account number and bank name from where the payment is made. This is pre-filled.
Amount
This displays the deposit amount. The currency in which the deposit was made is also displayed. This is pre-filled.
Issue date
This displays the date the letter of credit was issued. This is pre-filled.
Payment reference
This displays the payment reference. This is pre-filled.
Letter of credit / Last
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.
Amount (EUR) / XRate
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.
Maturity date
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.
Deposit section
Deposit for
This displays the type of deposit you have made. This is pre-filled.
To Cash instrument
This displays the bank account number where payment will be deposited. This is pre-filled.
Deposit date / Number
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.
Settle section
Cash instrument
This displays the cash instrument used for settlement purpose in the Bill settlement: Cash Instrument screen. For more information, see Depositing bill of exchange.
Settle date
Type or select the date of the settlement.
Costs section
Bank costs / VAT
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.
Total costs
This displays the total costs. This is pre-filled.
Buttons
Simple/Advanced
Click Simple to display the screen in the simple mode. Click Advanced to display the screen in the advanced mode.
Settle
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.
Cancel
Click this to exit.
Related documents
| Main Category: |
Attachments & notes |
Document Type: |
Support - On-line help |
| Category: |
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Security level: |
All - 0 |
| Sub category: |
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Document ID: |
17.115.848 |
| Assortment: |
Exact Globe+
|
Date: |
04-10-2022 |
| Release: |
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Attachment: |
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| Disclaimer |