Purpose of Free Text Invoice ???

Finance and Operations/AX User Forum
1

Hi,

Can any one tell me the purpose of Free Text Invoice ? with some examples.

Thanks,

Srikar

2

“Use a free text invoice for sales that do not require a sales order, packing slip, and customer invoice. For example, you can use a free text invoice for a consulting fee or services fee, or for a miscellaneous fee for an event reimbursement.”

http://technet.microsoft.com/en-us/library/hh208454.aspx

3

Thanks a lot.

4

Thanks Neil for explaining it nicely.

5

Hi,

Another important use of FT invoice is in selling Fixed Assets. You can’t sell FA to customer using SO. FT is best suited for that.

Pranav…

6

A free text invoice is not related to a sales order. It contains order lines that include ledger accounts, free-text descriptions, and a sales amount that you enter. You cannot enter an item number on this kind of invoice. You must enter the appropriate sales tax information. Also, the customer balance is posted to the summary account from the posting profile that is used for the free text invoice.

In addition, a free text invoice line can be used to sell a quantity of any kind of goods, services, or rights – providing unit price and quantity information to the customer. It also helps basic amount calculation, and it helps to better identify and explain charges to customers.