AP Invoice Types
1] Standard
An invoice from a supplier representing an amount due for goods or services purchased. Standard invoices can be either matched to a purchase order or not matched.
2] Credit Memo
A memo from a supplier representing a credit amount toward goods or services.
3] Debit Memo
An invoice you enter to record a credit for a supplier who does not send you a credit memo.
4] Mixed
An invoice type you enter for matching to both purchase orders and invoices. You can enter either a positive or a negative amount for a Mixed invoice type.
5] Prepayment
A type of invoice you enter to pay an advance payment for expenses to a supplier or employee.
6] Expense Report
An invoice representing an amount due to an employee for business-related expenses.
7] Withholding Tax
An invoice you enter to remit taxes withheld to the appropriate tax authority.
8] Interest
If you allow interest invoices, payables will automatically calculate interest for overdue invoices and create interest invoices for selected suppliers.
9] Retainage Release
Invoices created for complex work and advance contract financing.
10] Transportation Invoices
Invoices from freight payment
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