| To set up payment schedulesTo set up payment schedules, take the following
steps: Payment Schedules (tcmcs2620m000) Define the payment schedule header. Define whether the payment
amounts on the payment schedule lines are specified as percentages or through a
factor, and the select the payment period type which can be Days, Months,
or Fiscal Periods. Payment Schedule Lines (tcmcs2121m000) For each schedule line, define the payment amount and the
payment period. You can define up to three discount periods and discount
percentages for each line. The payment schedule lines are independent of each
other. You can specify a separate payment method or receipt method for each
line. Payment Terms (tcmcs0113s000) Define the payment terms. To link the payment schedule to the
payment terms, in the Payment Schedule Header field, zoom to the Payment Schedule Headers (tcmcs2120m000) session and select the payment schedule. Company Parameters (tfgld0503m000) If payment schedules must be used for every invoice in the
financial company, select the Schedules Mandatory check box.
Note LN uses
the due date calculation defined for the payment terms to which you link the
payment schedule, for all the lines of the payment schedule. | |