Inter-Entity Settlement in Docyt?

1. Split Statement to Invoices

Step-by-Step Instructions

1. Log into Docyt: Access Docyt through the web app by logging into Docyt.

2. Access the Invoice Queue in Expense Management:

   1. Click on ‘Expense’ in the top header menu.

   2. From the dropdown, choose ‘Bill Pay’> ‘Invoice Queue’.

3. Initiate Split:

a. Click its amount box and opt for 'Split Statement to Invoices'.

b. You'll be directed to a window labelled 'Split Statement to Invoices', where the statement can be separated into individual invoices.

c. Provide necessary details such as the invoice's date, the new split invoice number, and its amount.

1. Confirm the Split:

   1. Click 'Save and Continue'. A confirmation pop-up should appear to indicate a successful split.

2. After waiting briefly, refresh the Invoice Queue. Upon reloading, the split statements should now appear as individual invoices based on the allocated amounts.

2. Split Invoice Across Businesses

Step-by-Step Instructions

1. Log into Docyt: Access Docyt through the web app by logging into Docyt.

2. Access the Invoice Queue in Expense Management:

   1. Click on ‘Expense’ in the top header menu.

   2. From the dropdown, choose ‘Bill Pay’> ‘Invoice Queue’.

3. Locate the invoice in the invoice queue. Click on the amount box of the invoice and select 'Split Invoice'.

4. Choose the option to split invoices by 'Split Invoice Across Businesses'.

1. It will open the split category in the bottom.

1. Enter the details :

   a. Business: Select the business to which the amount should be allocated.

   b. Department: Assign a department (if applicable).

   c. Chart of Account: Choose the appropriate chart of account.

   d. Amount: Enter the dollar value that should be allocated.

   e. Description: Enter a description followed by the Vendor name (Description-vendor name) for reference.

2. Click on the ‘save and continue’ tab and follow the invoice verification process.

3. Split Invoice to Multiple Payments

Step-by-Step Instructions

1. Log into Docyt: Access Docyt through the web app by logging into Docyt.

2. Access the Invoice Queue in Expense Management:

   1. Click on ‘Expense’ in the top header menu.

   2. From the dropdown, choose ‘Bill Pay’> ‘Invoice Queue’.

3. Locate the invoice in the invoice queue. Click on the amount box of the invoice and select 'Split Invoice'.

4. Select 'Split Invoice to Multiple Payments'.

1. You will be directed to the 'Split Invoice to Multiple Payments' window.

2. Fill in the following details:

   1. Payment Due Date of Invoice

   2. Dollar Amount.

   3. Click on 'Add row' option if further splits are required.

3. The Invoice Total, Settlement Amount, and Difference fields are essential for ensuring that the invoice splitting is accurate. To proceed, click on the 'Save and Continue' button.

4. A popup window confirming the split shows up.

1. After a few seconds, refresh the invoice queue. Upon reloading, you will see that the invoice has been split into multiple invoices with different payment due dates based on your entry.

4. Split Invoice by Page

1. Log into Docyt: Access Docyt through the web app by logging into Docyt.

2. Access the Invoice Queue in Expense Management:

   1. Click on ‘Expense’ in the top header menu.

   2. From the dropdown, choose ‘Bill Pay’> ‘Invoice Queue’.

3. Locate the invoice in the invoice queue. Click on the amount box of the invoice and select 'Split Invoice'.

4. Select 'Split Invoice by Page'.