Configure Installment Splitting for Supplier Payments

Installment splitting enables Oracle Payables to automatically divide supplier payments into immediate and deferred installments when the payment amount exceeds a configured threshold.

This feature supports common payment practices in Japan, where part of a supplier payment is made immediately through a bank transfer and the remaining balance is deferred using Bills Payable or Cash on Due (COD).

1. Enable the feature from the Opt In page. Select this option:
   Offering: Financials

   Feature: Enable Installment Splitting for Supplier Payments

2. Configure split payment rules for the supplier payment method assignment. Specify these values:
   • Payment threshold amount
   • Payment currency
   • Deferred payment method (Bills Payable or Cash on Due)
   • Deferred payment percentage

     The application automatically calculates the immediate payment percentage after the deferred payment percentage is entered.

   • Due date increment days for Cash on Due payments
   • Immediate payment method
   • Optional rounding option for deferred payment amounts
3. Assign the split payment method to suppliers that require installment splitting.

   Split payment rules can be configured at the:

   • Supplier profile
   • Supplier site
   • Supplier address

   During payment processing, Oracle Payables evaluates the configured rules for the applicable supplier payment method.