Creation of the Form 1450

Creation of the Form 1450

Create a form 1450 in the following ways:

• directly from the received invoice by using theFCY payment function from the right-click menu,
• from the Transactions module
• or manually by creating a foreign transfer so that you select the document type for foreign currency transactions:

Regardless of the selected method used for creating payment order a window opens where you can create form 1450.

All the necessary functions can be found in the taskbar (see Taskbar). In particular, let us mention the following:

- form 1450 report and form specifications in the Reports menu

- duplicating form 1450 by using the button for duplication

- foreign currency transactions report

DOCUMENT HEADER

Date	Displays the date on which a payment order for transactions abroad was created.
Status	Defines status of payment order. Double click in the field status opens new window with Payment Order Statuses for Foreign Transactions register.
Number	Displays an internal serial number for transactions abroad: two-character year code, three-character document type ID, six-character serial number of the document By double-clicking the document ID you open the Document Types settings where the document was created.
(Find)	A search box where you can search for the entered transactions according to: - internal ID, value date, amount, recipient, respective bank and currency of transaction.
	By clicking it creates a form 1450 report
	Displays specification of outflow base. If payment base is greater than 4, then you may enter textAccording to specification text in the corresponding column. Add specification of the payment base to form 1450.
	Opens a window for entering criteria for foreign currency transactions report.
Transaction	By clicking this button opens a Foreign Currency Transactions - 1450 window.

INFORMATION IN FORM 1450 REPORT

Depositor	Displays the ID of the depositor from the Subjects register (the default value may be marked in the Transaction Document Types settings). It is displayed under item 1 of the form 1450.
Bank	Displays the code of the local bank from the Subjects register (the default value is determined in the Transaction Document Types settings). It is displayed under item 2 of the form 1450.
Clerk	Displays the code of the clerk, who signed the form (from the Employees register).
Payment Device	Enter the code from the Payment Device register (by default: 1 for transactions, credit notes checks).
Closed	Check it after having received the information from the bank about the payment order ID and the value date of outflow.
Box 3	Enter any information regarding the transaction in Box 3 (e.g. reference to foreign currency inflow, from which the cover is drawn). By default the internal ID of the foreign currency transaction is displayed here. IDs and dates of the first linked document, settled with the transaction, are displayed in the second line. Enter the ID and date of the supplier's invoice in the first linked document.
Transaction No.	Displays the foreign transfer ID (TNR). Because you will receive the information after the payment has been made, you can enter it subsequently. It is not displayed in the form 1450 report.
Payment Method	Enter the text for item 4 of the form 1450 (e.g. check, transaction...)
Number	Select type of payment from a dropdown.
Payment Details	Enter text giving details regarding payment.
Credit	Information about the payee including its FCY account and recepient's country code. Select the recipient from the Subjects register. Before actually trying to print you can change or modify the information at will. After having selected the recipient, the default foreign bank is displayed. Of course, if ou have entered data in the FCY Accounts panel for this recipient.
(FCY account)	Line number of the FCY account that is used in the form 1450. By default the foreign currency account with the lowest consecutive number is offered. By clicking the arrow you can open a lookup table with all the entered foreign currency accounts for this subject upfating the information from the At bank field, as well as the ID of the payment recepient (in the Credit field).
At bank	Select a foreign bank directly from the Subjects register. It automatically displays the country code where the foreign bank is located as well as its SWIFT code. Before actually trying to print, you can change and modify data. By default the information for this item is filled-in indirectly when selecting the subject's (recipient) foreign currency account.
Currency	Enter the currency code of the payment (from the Currencies register).
Total Amount	Displays the total amount of foreign transfer.
Value Date	This information is sent to you by the home commercial bank together with the foreign transfer ID (TNR). Enter it subsequently. It does not appear in the form 1450 report.
Commission	Select the payer of the commission to a local bank from lookup table. Select from: - D - Depositor - U - Subject
Foreign Commission	Select the payer of the commission to a foreign bank from lookup table. Select from: - D - Depositor - U - Subject
Curr. of Cover	Enter the currency code of the payment (from the Currencies register).
Intermediary Bank	Select an intermediary bank from the Subjects register.
Purpose 1	Here you can specify purpose 1.
Purpose 2	Here you can specify purpose 2.
(data for statistics)	Enter specification for payments base abroad that is displayed in the item 8 of the form 1450. Should you enter more than 4 transaction IDs they are displayed as specification of the ouflow base. The text According to specification appears in item 8.
Line	Displays consecutive line number.
Inflow/Outflow	Displays ID of outflow base (from the Inflows/Outflows).
Credit No.	Displays credit number.
Transaction Descr.	The program automatically offers the description of the transaction from the Inflows/Outflows register that can be modified before you print it.
Amount	Displays the amount of outflow for individual base . The amount offered is always the difference between the total value of the transaction  and the sum of all the entered lines up to this point. The remaining amount of the outflow is calculated promptly in order to enable you to enter a greater outflow base if necessary.
Box 9	Here you can enter the text that should appear in the item 9 of the form 1450.
Place and date	The default value for item 9 of the form 1450 (company's address and date of creation).