Dates

These processing options enable you to customize payment and discount dates of payment groups. If you leave the Pay Through Date processing option blank and the Displacement Days processing option is zero, the system date is used for the pay through date.

1. Pay Through Date

Specify a due date through which you want to create a group of vouchers for payment. For example, to create a payment group consisting of vouchers with due dates through March 15, 2009, enter 03/15/09. The system creates a payment group consisting of vouchers with due dates on or before March 15, 2009. Enter the date in this processing option, or leave the processing option blank to select vouchers by displacement days.

Note: If you leave the Pay Through Date processing option blank and the Displacement Days processing option as zero, the system date is used for the pay through date.

2. Displacement Days

Specify the number of days from the current date through which you want to create a group of vouchers for payment. For example, if the current date is March 10, and you specify three displacement days, the system includes vouchers with due dates through March 13 in the payment group.

Enter the number of days in this processing option, or leave as zero to use the system date as the pay through date.

3. Discount Cutoff Date

Enter the final date on which you are allowed to take a discount. Pay items with a due date before the date that you enter are not eligible for discounts, so the system sets the discount amounts of these pay items to zero. If this processing option is blank, the program takes all discounts that are currently available for the selected pay items.

4. Prohibit Payment Before Due Date

Specify whether the system should include vouchers for payment if the discount due date of the voucher has passed but the net due date has not yet occurred. Values are:

Blank: Include vouchers for processing even if the value specified in the Pay Through Date processing option is not on or after the voucher's net due date.

1: Do not include vouchers for processing if the value specified in the Pay Through Date processing option is not on or after the voucher's net due date.