Payment Schedule (AP20.8)
Use Payment Schedule (AP20.8) to create and maintain a payment schedule for an unreleased invoice (split the invoice into more than one payment). You can create a payment schedule manually or define the number of payments required and select a payment schedule to automatically split the invoice amount equally into the number of payments specified.
Processing Effect
The full amount of the invoice expense is transferred to the general ledger using the post date assigned to the invoice. Make sure the total payment amount equals the invoice amount.