Customer Maintain Transaction Entry - Split Scheduled Payment overview
Use this function to 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. You must fully split the original scheduled payment. In other words, the new scheduled payments must total the original amount and discount.
Splitting scheduled payments allows you to correct mistakes you may have made during Customer Transaction Entry. It also allows you to apply new terms to a customer by splitting the number of payments across several days, weeks, or months. In addition, it allows you to split a disputed portion of an invoice into a new scheduled payment. You can also split service charges into several scheduled payments and assigned terms.
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 become inactive, and new sequence numbers are assigned to the new scheduled payments.