Invoicing

 Invoicing process involves typically in the settlement process of order life cycle
Types of invoices :
    1. Shipment Invoice
    2. Return Invoice
    3. Credit Memo Invoice 
    4. Debit Memo Invoice.

1. Shipment Invoicing occurs after the order has shipped, It initiates the collection process
        Once the order is created in OMS, then the payment will be authorized i.e.., the particular order amount will be blocked from the credit card used, and once the order is shipped, then invoicing happens on the order.

2. After the order is shipped, if the customer is not satisfied with the item received/if the item is damaged etc.., they return the product, then the return will be created and invoiced. Refund will be successful at the original mode of payment if the order is paid using the credit card....
        And if the return is created by a Gift recipient, then sterling OM does not issue refund to the buyer on the sales order, but to the gift recipient instead.

3. Credit Memo Invoice : Charges on the order/order line applied before shipping then that particular charges will be cancelled from the order total in sterling OM
        Charges on the order/order line applied after shipping and invoicing the order, then that particular charges will be refunded to customer in the form of a credit memo.
        Modifications on the order taxes and charges during invoicing time will update the order only when the order is invoiced, similarly the modifications on the line taxes and charges during invoicing time will update the line only when the line is completely invoiced.

Pro forma Invoicing(New) : 
        When there are multi shipments on the order, then the charges and taxes will be split between those shipments.
Pro Forma Invoice : An invoice generated upon shipment creation acts as a draft invoice that persists both the charges and taxes in the database. So, when the charges and taxes are calculated for additional shipment then the previous invoice will be taken into consideration
For example : If an order having 100$ which is having 2 lines, line 1 be 40$ and line 2 be 60$ and let the tax be in the order is 10
Order with our proforma invoicing :
        Line 1 >> 40$ >> 4$ tax
        Line 2 >> 60$ >> 10$ tax
Order with proforma invoicing :
        Line 1 >> 4$ >> 4$ tax
        Line 2 >> 6$ >> 10$ - 4$ = 6$ (On calculating the shipping charge of 2, the existing charge on line 1 is taken into consideration)

Cancelling part of an order with pre-collected payments : If the order is not shipped but the payment on the order is pre-collected, cancelling the complete order or part of the order would require the amount cancelled to be refunded.in this case, sterling OM will send the notification that can be configuredto be picked by the external payment system with the refund amount if applicable...
  Example : If the order total = 150$
                    100$ is pre-collected and cancelled 60$, then the 10$ amount to be refunded to the pr-collected payment type( a sterling OM raised the notification for $10 refund)--need to explore more on this

Price and tax charges post invoicing : The concept is same as mentioned in Credit-Memo invoicing.

        


        

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