The Type field in each accounts payable invoice can be used to organize or classify invoices according to your requirements. The Type field is a site specific freeform field used to divide your AP Invoices into whatever groups you find valuable for tracking purposes. Some example invoice types are listed in the following table.
Type |
Description |
T |
Trade Invoice - Invoices for normal trade goods |
S |
Service Invoice - Invoices for services received |
C |
COOP Invoices - Debit Memos to a vendor for COOP advertising funds |
R |
Rebate Receivable - Debit Memos to a vendor for rebates from sales. |
P |
Price Protection |
E |
Employee Invoices - Accounts payable invoices from Employees of the company for reimbursements. |
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