What does AP Invoice Validation process do Internally when actioned taken in Invocies
Invoice Validate is also one another step to ensure/Validate the Invoice Data by the System user before it submits for the Payment. Invoice Validation also validates the required information that should be mandatory before submitting for the payment. Invoice Validation is the Required Step & System will not do any payment and accounting of this invoice until unless the invoice is not validated, When validating the Invoice if the system finds any discrepancy in the information’s then if applies the System Hold in that Invoice and put the Hold reason under the Hold Tab of Invoice Workbench. When an invoice is Validated by selecting validate in action, or by running the Validate Payables Invoice process, the process will do the following: Generate invoice distributions based on: Line information such as default distributions, distribution sets, and overlay distributions. Freight or miscellaneous charge allocations. Calculate tax. Create tax lines and distributions. Calculate wit...