Revision as of 03:25, 5 October 2017
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
| ID | Name | Level | x | | D2 | Deliver-to-Order | 2 | D2 |
| D205 | Invoice | 3 | D205 |
Workflow
Invoice Deliver-to-Order 420500 3 {{{keywords}}} {{{description}}}