Self Billing

[Former Member]

Is Business One capable of self billing?

If so, is this via an add-on or within existing core product?

I am looking to introduce self billing to some of our suppliers

[Former Member]

Hi

You can use Recurring Posting in Finance Module

You can create two postings on with VAT or X and the other with 0

with VAT :Select Automatic Tax

with o:donot select Automatic Tax

In Transaction Code create Royalty

Hope this is will solve your Problem,

Regards

Sandeep

[Former Member]

Hi Nicsta,

Can you elaborate your exact requirement. what you want exactly??

Thanks

Sachin

[Former Member]

Hi Sachin

Thanks for prompt response

We have agents that we have to pay royalties to. We calculate what we owe them. Currently we pay them and wait for the agent to send an invoice for us to match the payment to. Some are VATable and some are zero rated or exempt from VAT. We have issues where the agents either don't send an invoice or send it incorrectly. If we can control the invoicing then we can get it right first time.

Nick

[Former Member]

Hi Nick,

If you are paying royalties and also you are only calculating amount what you owe them then create AP Invoices with your values with tax. So you can track what ever agents sending you invoices or not and correct or incorrect.

Hope it will help..!!

Thanks

Sachin

[Former Member]

Hi Nick ,

There must be some criteria for Royalty Calculation . First Get the Calculated amount with some report over the Desired Criteria of Royalty Calculation .

and then you have to create the invoice (A/P) for the same royalty of your supplier .

Thanks

--

Ashish

Edited by: ASHISH RANJAN on May 20, 2010 5:34 PM

[Former Member]

Hi Nicsta ,

Self Billing is directly available in the code product .

You can do this By using "A/P Invoice"

There are two type of billing ( Amount Payable ) :

1. Item Type Billing .

2. Service Type Billing .

Hope It Helps

Thanks

--

Ashish