Average Payment Period Summary (tfcmg3509m000)

Use this session to view the summary of the calculated statistics data for the average payment made to the pay-to business partner in the current company.

This session also allows you to comply with the Spanish legal requirements that are applicable to businesses in Spain, to disclose information about the average time taken to pay the suppliers.

Note: The data in this session is updated from the Update Pay-to Business Partner Statistics (tfcmg3202m000) session.

Field Information

Statistics Run Number

The statistics run number that is generated when the Update Pay-to Business Partner Statistics (tfcmg3202m000) session is run for the specified date range.

From Payment Period

The year from which summary of the calculated statistics data is displayed for the pay-to business partner.

From Payment Period

The period of the year from which summary of the calculated statistics data is displayed for the pay-to business partner.

To Payment Period

The year up to which summary of the calculated statistics data is displayed for the pay-to business partner.

To Payment Period

The period of the year up to which summary of the calculated statistics data is displayed for the pay-to business partner.

From Invoice Period

The year of the invoices from which summary of the calculated statistics data is displayed for the pay-to business partner.

From Invoice Period

The period of the year associated with the invoices from which summary of the calculated statistics data is displayed for the pay-to business partner.

To Invoice Period

The year of the invoices up to which summary of the calculated statistics data is displayed for the pay-to business partner.

To Invoice Period

The period of the year associated with the invoices up to which summary of the calculated statistics data is displayed for the pay-to business partner.

Total Payments Made

Indicates the total payment made to the pay-to business partner in the invoice period.

Total Payments Pending

Indicates the open balance of all the documents related to pay-to business partner at the document date.

Paid Operations Ratio

The percentage of the payments made to the pay-to business partner.

Note: This value is calculated using this formula:

[Sum of (Number of payments days * Amount of paid operation)] / Total amount of payments]

Pending Operations Ratio

The percentage of pending payments that are to be paid to the pay-to business partner.

Note: This value is calculated using this formula:

[Sum of (Number of days pending amount * Amount of the transaction pending payment)] / Total amount of pending payments]

Average Period of Payment to Suppliers

The average period of time taken to make the make payment to suppliers.

Note: This value is calculated using this formula:

[(Paid Operations Ratio * Total Payments Made) + (Ratio of pending payment operations * Total amount of pending payments)]/(Total amount of payments made + Total amount of pending payments)

Created By

The logon code of the user who creates the summary of the calculated statistics data of the average payment period for the pay-to business partner.

Creation Date

The date and time when the calculated statistics data is created for the average payment period summary for the pay-to business partner.