Actions

D205

Invoice

The activities associated with preparing and issuing invoices and other documentation as required. This may include detailed specifications of the product or service configuration delivered 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
  • Invoicing for products delivered
  • Installments invoicing
  • Custom service or lease invoicing
  • In Retail: Invoicing for Special Orders

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. Error-free Documentation Ratio Days Receivables Outstanding Distribution Costs Order Management Cost Order-to-Cash Quote-to-Cash Accounts Receivable Accounts Receivable Factoring

Hierarchy

IDNameLevelx
D2Deliver-to-Order2D2
D205Invoice3D205

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
SOSSpecial Order ServiceSOS

Workflow

FromInput(s)
Process
Output(s)To
wf_processwf_arrow
D202Payment Terms
D205
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-to-Order 420500 3 {{{keywords}}} {{{description}}}