Viewing payment schedule

This page allows you to view the default payment schedule that is generated based on the pay term set while creating the Credit note. Pay terms are defined in the “Pay Term” business component that is available in the login organization unit. This pay term is then mapped to the supplier. The system generates a default payment schedule for the newly created note based on the pay term set. This page allows you to view the details of the default payment schedule.

Select the “Payment Schedule” link at the bottom of the “View Transfer Note” page.

The “Payment Schedule” page appears.

The system displays the following details in the header.

Workflow Status

The status of the document as per Workflow applicability.

The system displays the following:

Doc. No.	The number identifying the credit Note.
Status	The status of the document. It could be “Draft”, “Fresh” or “”.
	Draft – indicates a newly created debit note that cannot be authorized.
	Fresh – indicates a newly created debit note that can be authorized.

Discount Computation	A specification of whether discount is computed on the “Base Amount” or the “Gross Amount”.
Pay Term	The code identifying the pay term.

Desc.	The description of the pay term.
	Zoom facility available
Currency	The code identifying the currency in which the debit note has been raised.
Doc. Amount	The document amount.

The system displays the following in the “Payment Schedule Information” multiline:

Term No.	A unique number identifying the installment that is due for payment.
Due Date	The date on which the installment is due for payment.

Due Amount Type	The type of the amount that is due for payment from “Flat Amount” or “Percentage”.
Due %	The percentage of the total amount due.

Due Amount

The amount due for the installment.

Discount Computation Amount

The amount on which the discount must be calculated.

Discount Amount Type	The type of discount amount that can be availed from “Flat Amount” or “Percentage”.
Discount Date	The date on or before which the payment due must be made to avail the discount.

Discount %

The percentage of the amount that can be deducted as discount.

Discount Amount

The amount that can be deducted as discount.

Penalty %

The percentage of penalty if the payment is not made on time.

To proceed, carry out the following

Select the “Accounting Information” link at the bottom of the page to view the account posting information.
Select the "Attach Notes" link at the bottom of the page to attach notes.

Prerequisite

“Swiss Pay Modes Applicable” must be set to “No” in the “Set Common Parameters” activity of the “Company Parameter Setup” business component.