Parameters for Prompt Payment Date Calculation Process
You must provide these submission parameters for the Prompt Payment Date Calculation process:
Parameter |
Comments |
---|---|
Business Unit |
Only include invoices for the business unit |
Generate Report |
Determines if the process produces a report |
In addition to the required parameters, you can also enter these optional parameters:
Parameter |
Comments |
---|---|
Pay Group |
Only include invoices for the Pay Group (if provided) |
Payment Method |
Only include invoices for the Pay Method (if provided) |
Supplier |
Only include invoices for the Supplier (if provided) |
Supplier Type |
Only include invoices for the Supplier Site (if provided) |
Invoice Information
If the Generate Report parameter is entered, the process generates a Prompt Payment Date Calculation report. This report is sorted by Supplier, Supplier Site, and Invoice Number.
For each invoice, the report displays the following invoice information:
Name |
Source |
---|---|
Invoice Number |
Invoice Header |
Invoice Received |
Invoice Header |
Goods Received |
Invoice Header |
Due Days |
Payment Terms Installment |
Interest Basis Days |
Payment Terms Installment |
Overdue Return Days |
Original Invoice Returned Date minus Original Invoice Received Date minus Invoice Return Days |
Due Date |
Use the latest of the Invoice Line Basis Due Dates plus Due Days minus Overdue Return Days |
Interest Basis Date |
Due Date minus Days plus Interest Basis Days minus Overdue Return Days |
Prompt Payment Date |
Interest Basis Date plus Number of days to the next working day, if the Interest Basis Date is a nonworking day |
Purchase Order Information
For each invoice, the report displays the Purchase Order Schedule line referenced by the invoice along with this Purchase Order information:
Name |
Source |
---|---|
Invoice Line Number |
Invoice Lines |
PO Number |
Invoice Lines |
PO Line |
Invoice Lines |
PO Schedule |
Invoice Lines |
Quantity Invoiced |
Invoice Lines |
Match Level |
Purchase Order Schedule |
Constructive Acceptance Days |
Payment Terms Header |
Basis Acceptance Date |
For a 3-way or 4-way match, the receipt with the latest Basis Acceptance Date with a nonzero value in the Receipt Quantity Invoiced is used. |
Basis Due Date |
|
Receipt Information
For each Purchase Order Schedule line, the report displays Receipts (if applicable).
The following Receipt information is displayed:
Name |
Source |
---|---|
Receipt Date |
Receipt Header |
Acceptance Date |
Transaction Date of the receipt inspection record |
Constructive Acceptance Date |
In case of a 4-way match, the Constructive Acceptance Days is added to the Receipt Date. |
Basis Acceptance Date |
|
Quantity Accepted |
|
Consumed Receipt Quantity |
|
Available Receipt Quantity |
Receipt quantity available for matching against the PO line. Its value is Quantity Accepted minus Consumed Receipt Quantity. |
Receipt Quantity Invoiced |
Receipt quantity allocated against the current invoice line reported. |