Setting up Invoices

There are various settings that can be applied for invoicing in IRIS Financials Purchasing.

This setting is used to determine whether VAT is calculated and posted on an item line basis. For example, if the invoice contains 3 item lines, if Yes is selected, the POIN is posted with 3 separate VAT lines stamped with the tax type. This allows you to analyse expenditure by tax type.

Bar codes and QR codes can be generated and attached to physical paper documents once they have been posted into IRIS Purchasing. This is typically carried out for supplier invoices. If you use bar codes or QR codes, the URL is displayed here.

Specifies the document type to be posted within the accounting system. Defaults to POIN. This rarely needs to be changed.

Determines whether purchasing documents are posted directly to Books or if they are posted to the Register until they have been checked and authorised.