{"id":20902,"date":"2023-02-13T11:51:36","date_gmt":"2023-02-13T06:21:36","guid":{"rendered":"https:\/\/tenthplanet.in\/compiere\/?p=20902"},"modified":"2023-08-08T10:04:22","modified_gmt":"2023-08-08T04:34:22","slug":"compiere-erp-invoices-receipts","status":"publish","type":"post","link":"https:\/\/tenthplanet.in\/compiere\/compiere-erp-invoices-receipts\/","title":{"rendered":"Compiere ERP Invoices and Receipts\u00a0"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\"><strong>Invoices in Compiere ERP<\/strong>&nbsp;<\/h2>\n\n\n\n<p>Create invoices using <a href=\"https:\/\/tenthplanet.in\/compiere\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Compiere ERP<\/strong><\/a> according to general business rules or based on rules in place with your customer. Generate invoices:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>At once the shipment done<\/li>\n\n\n\n<li>At once the entire order shipment process completed<\/li>\n\n\n\n<li>By using customer specific predefined invoice schedule<\/li>\n<\/ul>\n\n\n\n<p>Ex: An invoice schedule can be established to create summary invoice along with all shipments to the customer yesterday, last week, or last month.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Receipts in Compiere ERP<\/strong>&nbsp;<\/h2>\n\n\n\n<p>While creating a Sales Order or Invoice in Compiere ERP, the payment rules allow flexibility in the receipts auto generation:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Cashbook entry is automatically generated for cash transactions.&nbsp;<\/li>\n\n\n\n<li>Payment entry is created against the respective bank account for credit card, cheque, and direct debit transactions.&nbsp;<\/li>\n<\/ul>\n\n\n\n<p>As of now, Compiere ERP supports merchant payment processors via VeriSign and PayFloPro.&nbsp;<\/p>\n\n\n\n<p>Open Items are settled by:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Entering Payments<\/strong> &#8211; Ex: Receiving a check or creating a direct debit&nbsp;<\/li>\n\n\n\n<li><strong>Creating a Cash Book entry<\/strong> &#8211; Ex; Open invoice paid by petty cash later&nbsp;<\/li>\n\n\n\n<li><strong>Processing of reconciling Bank Statements<\/strong> \u2013 Ex: Bank transfers&nbsp;<\/li>\n<\/ul>\n\n\n\n<p>Compiere ERP make use of the \u201cAutomatic Clearing House\u201d benefits of a specified bank to directly debit from the business partner&#8217;s bank account. After debit, the invoice is marked as paid and the transaction is stored in the Compiere ERP system stated as \u201cunreconciled payment\u201d.&nbsp;<\/p>\n\n\n\n<h2 class=\"has-text-align-center wp-block-heading\"><strong>Make use of Invoice &amp; Receipts option in Compiere ERP<\/strong><\/h2>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/tenthplanet.in\/compiere\/getintouch\/\"><strong>Get Started<\/strong><\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Generate invoices &amp; Receipts using Compiere ERP according to general business rules or based on specific arrangements in place with customer<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[60,32],"tags":[],"class_list":["post-20902","post","type-post","status-publish","format-standard","hentry","category-compiere-garden-world","category-product"],"acf":[],"_links":{"self":[{"href":"https:\/\/tenthplanet.in\/compiere\/wp-json\/wp\/v2\/posts\/20902","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tenthplanet.in\/compiere\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tenthplanet.in\/compiere\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tenthplanet.in\/compiere\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tenthplanet.in\/compiere\/wp-json\/wp\/v2\/comments?post=20902"}],"version-history":[{"count":0,"href":"https:\/\/tenthplanet.in\/compiere\/wp-json\/wp\/v2\/posts\/20902\/revisions"}],"wp:attachment":[{"href":"https:\/\/tenthplanet.in\/compiere\/wp-json\/wp\/v2\/media?parent=20902"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tenthplanet.in\/compiere\/wp-json\/wp\/v2\/categories?post=20902"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tenthplanet.in\/compiere\/wp-json\/wp\/v2\/tags?post=20902"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}