Generate JIB Invoices

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1 Introduction
2 Generate JIB Invoices
3 System Generated JIB Invoices Report
4 JIB Run Number

Introduction

The Generate JIB Invoices JIBU026 process generates JIB statements and creates the actual receivable or payable for clients. It is recommended that companies run the Generate JIB Invoices process only once per month for each organization.

Is it also recommended that companies run a Trial Balance after running this process to ensure that the JIB Clearing Account was cleared. Generate JIB Invoices will clear the operating currency and all reporting currencies for the JIB Clearing Account, so a Trial Balance should be run for each currency that your organization uses to review.

Generate JIB Invoices

1. Navigate to the menu and select Joint Interest Processing → Generate JIB Invoices.

2. Enter Joint Interest Billing information.

In this field...	Enter this information...

In this field...	Enter this information...
Organization ID	The ID of the organization being processed in Qbyte Financial.
Accounting Period End Date	The accounting period end date for which to generate a JIB statement, in the format YY/MM.
Billing Code (one/many/all)	The billing code to distribute capital transactions, capital expenses, or net expenses. Billing codes: C Capital E Expenses and Capital N Net Leave this field blank to distribute all transactions.
Voucher Type Code (one/many/all)	The voucher type code(s). This allows you to limit the voucher types you include in the JIB process. Enter the voucher type code or select from the Voucher Types List of Values
Voucher Number (one/many/all)	The voucher number(s). This allows you to limit the vouchers you include in the JIB process.

To save the parameters entered, click the Save icon. Each save will overwrite the previous save.
To retrieve the saved parameters, click the button.
To reset the parameters, click the button. This will reset the parameters for the current session only and will allow you to fill in new parameters.

3. Repeat for all organizations or accounting periods required.

System Generated JIB Invoices Report

The system generates the Generate JIB Invoices report is visible in the Process Monitor after JIBU026 is complete.

The report provides detailed information on the invoice information by partner.

This Column...	Displays this information...

This Column...	Displays this information...
Processing Organization	The ID and name of the organization that ran the process.
Accounting Period	The accounting period end date.
Billing Code	The code indicating whether capital transactions, capital expenses, or net expenses were distributed for the organization.
Partner	The business associate ID and name.
Invoice Number	The invoice number.
Net Revenue	The net revenue amount.
Capital	The capital amount.
Expense	The expense amount.
GST Amount	The GST amount.
Cash Call Applied	The amount of the cash call applied.
Net Invoice Amount	The net invoice amount.
Resulting Voucher	The voucher created by date, voucher type and voucher number available for posting to the general ledger.

5. Post the voucher number found on the Generate JIB Invoices report.

JIB Run Number

A JIB run number is generated. This number will be used when generating JIB statements.