Split scheduled payments

In Customer Maintain Transaction Entry, you can split one scheduled payment into as many as 99 new scheduled payments. The new scheduled payments can split the original amount and discount with new due dates and discount dates.

When you split a payment, the actual invoice number of the new scheduled payments does not change; only the sequence numbers do. The sequence number of the scheduled payment being split becomes inactive, and new sequence numbers are assigned to the new scheduled payments.

When you split payments, you change the terms of the payment, but the original invoice amount does not changed. The General Ledger is not affected.

Access Customer Inquiry-Transactions to view this information about split payments:

• Which payments have been split
• How many payments the scheduled payment has been split into
• New sequence numbers
• Amounts of the new scheduled payments