Pay a vendor by endorsing a bill of exchange for Japan
In Japan, bills of exchange (BOE) are often endorsed to a vendor and used as a method of payment. A list page for BOEs provides centralized management of the BOE lifecycle.
To start managing a BOE, open the Draw bill of exchange journal. When this type of journal is posted, if the status of the BOE is Drawn, users can manage the BOE lifecycle in following stages.
Endorse a BOE to a vendor
The list page shows customer BOEs that have been drawn. You can select one or more BOEs to endorse to a vendor. However, if multiple BOEs are selected, they all must have a status of Drawn before you can endorse them. An accounting voucher will be generated to record the balance change in the endorsed BOE account and the accounts payable account.
Settle vendor transactions
When a BOE is endorsed, its status changes to Endorsed. An Accounts payable user can then settle the vendor transaction against a vendor invoice. The status of the BOE itself doesn't change when the vendor transaction is settled.
Settle endorsed BOEs
The lifecycle of a BOE ends when the BOE is paid or expires. For endorsed BOEs, you can select the BOE and settle the endorsement. An accounting voucher will be generated to record the balance change in the endorsed BOE account and the drawn BOE account.
Reserve endorsement
If the status of a BOE is Endorsed, a user can reserve its endorsement.
Additional resources
Feedback
https://aka.ms/ContentUserFeedback.
Bald verfügbar: Im Laufe des Jahres 2024 werden wir GitHub-Issues stufenweise als Feedbackmechanismus für Inhalte abbauen und durch ein neues Feedbacksystem ersetzen. Weitere Informationen finden Sie unterFeedback senden und anzeigen für