Payment Schedules (tfacp1103m000)

Use this session to maintain payment schedules linked to invoices and a business partner's payment terms.

A payment schedule defines the percentage of the invoice amount to be paid and the date of payment.

Use this session to divide the invoice amount into parts and define a planned payment date for each part.

LN does the following:

  • Displays the total invoice amount.
  • Calculates the amount you have already paid.
  • Calculates the amount you must still assign to the payment schedule. This amount is the remaining amount (Debit).

You cannot link a payment schedule to a credit note or to a subcontracting invoice.

You can recognize credit notes by:

  • Their transaction type: Purchase Credit Note
  • Their negative amount

 

Document
Document
This document number is the numeric part of the invoice number.
Business Partner
The business partner that sends invoices to your organization. This usually represents a supplier's accounts receivable department. The definition includes the default currency and exchange rate, invoicing method and frequency, information about your organization's credit limit, the terms and method of payment, and the related pay-to business partner.
Currency
The currency in which the invoice amount is expressed.
Remaining Amount
The amount that still must be paid. You can divide this amount into parts and assign the parts to dates in the payment schedule.
Planned Payment Date
Enter the date before which (part of) the open amount from the selected invoice must be paid.

Allowed values

The date cannot precede the invoice date or the current date.

Amount
The amount to be paid on the planned payment date. This amount can be a part of the selected invoice's open amount.
Paid Amount
Part of the total invoice amount that is paid on a planned payment date.