Accountancy, asked by honeygarg7829, 1 year ago

What Are Holds In Payables? How Are They Defined ?

Answers

Answered by chaithra68
1

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Holds are the ones that you apply manually or that Payables applies, prevent payment and, in some cases, posting of an invoice. You can remove holds that you apply, and you can manually release certain holds that Payables applies during Approval.

Payables provides some generic invoice holds for you to use, and you can define your own, based on your invoice approval needs. You can also prevent payment of supplier invoices by placing a hold on the supplier rather than on each individual invoice.

User Defined Holds: These is defined by user. If we do want to make payments to the validated invoice. Go to particular invoice and apply hold going to Holds tab.

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