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To find the payment terms that will be used for the consolidated billing invoices, Receivables matches the cutoff date you specify in the report parameters with the cutoff day in the payment terms. For example, if you enter a cutoff date of 01-20-97, the system searches for all payment terms whose Cutoff Day is set to 20. Receivables then finds all bill-to sites assigned to that payment term, and looks at the customer's profile (first at the site level, then at the customer level) to determine if the site or customer is set up to use consolidated billing.

Once the customers are selected, Receivables selects individual invoices dated before the cutoff date that have not been included on a previous consolidated billing invoice.

The following graphic shows how the program selects customers and invoices to include on a consolidated billing invoice.

Attention: There could be more than one payment term with the same invoice. If there is, you can specify which payment term to use, or use all payment terms with that cutoff day.

See Also

Consolidated Billing

Setting Up Consolidated Billing