Carriage Charge Parameters Ledger Accounts

When IRIS Invoice Matcher has been configured to record and process carriage charges, accounts are automatically created in the PARAMETERS ledger in IRIS Financials and IRIS Financials to manage the settings.

Carriage settings for IIM - IIM_CARRIAGE Account

The Carriage settings for IIM account determines:

• Element Nominal — The General Ledger (GL) code of the carriage nominal

• Element Text — The default account to record carriage charges

  Carriage charges can only be posted to a specific account if your organisation has the carriage account location set to DATABASE.

Zero VAT code for IIM - IIM_ZERO VAT Account

The Zero VAT code for IIM is set to zero-rated and used when an invoice has a carriage amount but no VAT.