Draft Payments

During the Pay Cycle process, draft payments go through three steps:

Term	Definition
Payment Selection	You select draft payments when you define your payment selection criteria. The batch process sequentially evaluates the vouchers and selects the payment schedules to be processed using the criteria that you established.
Draft Staging	The Draft Staging Application Engine process (AP_DFT_PROC) is called by the Pay Cycle process and creates a temporary or virtual view of split draft payments. After payment selection, drafts are created and grouped by draft ID. If you select draft optimization or draft rounding, the system creates a Draft Master ID for all split payments. The system assigns sibling Draft Create keys and groups all split payments under the draft master ID. You approve or reject scheduled draft payments in Draft Staging Approval before they are created on the Draft Staging Approval page at the draft maser ID level.
Payment Creation	After you approve the drafts, the Payment Creation process creates draft payments. You can then print draft payments or generate EFT drafts before the draft due date. Drafts contain the draft identification number, the draft amount, and the draft maturity date.