The VSS Electronic Invoicing functionality includes Invoices, Payments, Bills, and Collections.
After a vendor provides goods or services required by an award, the vendor submits an invoice to the agency to collect payment. VSS supports the creation of referenced, unreferenced and standalone invoices. If the corresponding award has been posted to VSS, the vendor may create a referenced invoice in order to pull forward information from the award. In addition, if the award has not been posted to VSS, the vendor has the ability to create a standalone award and specify the corresponding contract information. Once the vendor submits an invoice in VSS, the invoice is sent electronically to the procurement or financial system for processing. Finally, invoices entered manually into the financial system can be posted to VSS, allowing the vendor to track the invoice status.
Following receipt of a vendor’s invoice, an agency makes payment to the vendor through the financial system. The payment can be posted to VSS, allowing the vendor to track the status of the invoice and corresponding payment.
Bills and collections can also be posted to VSS for vendors using VSS, allowing the vendor to track the status of its bills and collections.
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PROPRIETARY AND CONFIDENTIAL
This commercial computer software is delivered with Restricted Rights to the Government. Use, reproduction, or disclosure is subject to the restrictions set forth in the FAR, DFAR, or other license provisions referenced in the contract. Information in this document is subject to change without notice. Companies, names, and data used in examples herein are fictitious unless otherwise noted.
COPYRIGHT
© 1997-2023 CGI Federal Inc. All rights reserved.
The Momentum® software is the copyrighted work of CGI Federal Inc., its related entities and/or its suppliers. Use of the software is governed by the terms of the end user license agreement, if any, which accompanies or is included with the software.
Unless CGI Federal explicitly gives you permission within a license agreement accompanying the software, you may not copy, modify, distribute, display, license, or sell the software or any of its components.
No part of this document may be reproduced or transmitted in any form or by any means, electronic or mechanical, for any purpose, without the express written permission of CGI Federal.
PATENT
The software is protected by United States Patent Nos. 6,343,279; 6,532,450; and 6,910,021.