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Kathy Barthelt
/ Categories: Infor LN & Baan Tips

Infor LN & Baan Tip: Payment Terms on a Purchase Invoice

Is it necessary to remove existing tax transaction lines when changing payment terms on a purchase invoice?

If the Level of tax calculation is set to Transaction Line and the Tax Transaction Lines already exist, it is necessary to remove existing transactions in order to update the Payment Terms. Otherwise, the payment terms will not update and will keep the old value.

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Kathy Barthelt

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Tips:  LX | BPCS | M3

When I try to enter a 3-way match invoice with zero cost items, I get an error 'Must have value/cost entry.

Resolution
​ACP500 requires a positive value to create a 'C' transaction when entering a 3-way match invoice. If you are receiving inventory items for free (no charge) and have a purchase order for it and need to include the quantity in inventory, you should first receive your items through PUR550 using something like a 'U' transaction. Then, you would enter a 'C' transaction with the quantity and zero cost through PUR550. This will change the status of the line in the HPO file to '3', fully received and costed. Once this is completed, you will be able to enter an invoice for your zero-cost item through ACP500 without getting the error message 'Must have value/cost entry.

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Tips: LN | Baan

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