When the Generate Instruments batch process is run, the instruction line item for January 1st to January 31st is rolled up into one liability financial instruction.
The following describes the liability financial instruction:
- Nominee = Midway Emporium
- Delivery method = Invoice
- Category = Liability
- Total Amount = $100
- Cover Period = January 1 to January 31
At this point, the status of the liability instruction line item is updated to processed. The outstanding amount remains at $100 until allocations are made toward it.
Note: If your organization is using an integrated environment, liability instructions are not generated as described above. The equivalent processing is carried out by the ERP financial system. For more information, please refer to the Cúram Financial Adapter Technical Overview Guide.