Actions

D105

Invoice

The activities associated with preparing and issuing the invoice and other documentation as required. This may include detailed specifications of the product delivered, quality and grade documentation as contractually required or customary.

Where applicable this may include triggering the payment draw process. For example settling a credit card payment or drawing a Letter of Credit.

Use Cases

  • Standard invoice upon delivery
  • Credit card settlement
  • Issuing a commercial invoice for tax declaration purposes
  • Monthly billing cycle
  • Issuing a pre-payment invoice
  • In restaurant: Presenting the check/bill
  • In Retail: Presenting the total and processing payment

Notes

The receipt of funds is a financial process. The Invoice process is an operational formal request for funds for products and services delivered per the agreed terms and conditions.

In a retail store Invoice is part of the Checkout process. Days Receivables Outstanding Error-free Documentation Ratio Distribution Costs Order Management Cost Order-to-Cash Quote-to-Cash Accounts Receivable Factoring Accounts Receivable

Hierarchy

IDNameLevelx
D1Deliver-From-Stock2D1
D105Invoice3D105

Metric(s)

IDNameLevelx
DP15Error-free Documentation Ratio2DP15
CO12Distribution Costs2CO12
CO121Order Management Cost3CO121
AE11Days Receivables Outstanding2AE11

Term(s)

IDNameClearx
ARAccounts ReceivableAR
FactoringAccounts Receivable FactoringFactoring
O2COrder-to-CashO2C
Q2CQuote-to-CashQ2C

Workflow

FromInput(s)
Process
Output(s)To
wf_processwf_arrow
D109Order Status
D110Order Status
D102Sales Order
D102Payment Terms
D105
wf_arrowwf_process
InvoiceS107
InvoiceS208
InvoiceS309
Note: Common inputs and outputs are listed in alphabetical order. Other inputs and outputs may be required to support varying use cases.Invoice Deliver-From-Stock 410500 3 {{{keywords}}} {{{description}}}