Dear all
As promised I’m hereby sending my first draft/strawman for the tradable invoice / bill of exchange document, prior to Wednesday’s meeting:
ID Issue date Transaction type - provides information about the type of transaction (i.e. factored invoice, discounted invoice, bill of exchange, …) Invoice document reference -
reference to the original invoice associated with this document Invoice authorization reference -
reference to the authorization or approval sustaining the validity of the original invoice document Acceptance date -
date when customer/debtor party accepted the liability of the debt/invoice Credit note reference -
reference to an associated credit note (may be several credit notes) Purchase order reference -
reference to a purchase order associated with the transaction Contract document reference -
reference to an associated contract Waybill reference -
reference to an associated waybill Delivery date -
date when goods or services were delivered Classification or description of goods or services -
needed to establish conditions for invoice financing Supplier party Customer or debtor party Factor party -
party that finances the invoice (the creditor) - How to handle secondary transactions? Total invoice amount -
total amount of original invoice minus any associated credit notes Total tax amounts Withholding tax total Total prepaid amount Total amount payable -
total invoice amount + total taxes - withholding taxes - prepaid amounts Approved net amount -
total amount approved by customer/debtor party or by factor Pending amount -
total pending amount in case installments are made before the invoice is traded Approved due date -
date when debt matures, as approved by customer/debtor or factor Installment/payment date -
date when a payment or installment is agreed to be made (0..n) Installment/payment amount -
amount agreed to be paid at the above installment/payment date (0..n) Note -
any additional observations
Best regards,
Kenneth