Payment

The Payment field is used to indicate the amount of the payment that will be generated for the associated document (applied to either a Vendor Invoice or another Vendor Payment that has a Balance).

Default Value Calculation

• Vendor Invoice
• • When the user supplied Payment Date is on or before the Vendor Invoice Discount Date (ie processing payment in time to receive a discount):
  • • Payment = Vendor Invoice Balance - Vendor Invoice Discount Amount + sum of previously applied Discount Amounts
       
  • When the user supplied Payment Date is later than the Vendor Invoice Discount Date  (ie window of opportunity for the discount has passed):
  • • Payment = Vendor Invoice Balance

• Vendor Payment
• • Payment =  Payment Balance shown on this screen
  • Note:  The cumulative application of Vendor Payments and/or Vendor Invoices with negative balances is limited to the cumulative payment amounts for Vendor Invoices and/or Vendor Payments with positive balances and where Require separate payment is not checked such that the sum of all Payment amounts for a vendor does not go below zero.  When dealing with Vendor Payments and/or Vendor Invoices having a negative balance, Payment defaults to the greater of Balance or cumulative vendor payment amount for the vendor.

The Payment field on the Bulk Vendor Payment Creation -- List screen is non-editable and will reflect the default value calculation for Payment as stated above.  Once the Vendor Payments have been generated, any further manipulation of specific payment amounts can be manually updated via the edit Vendor Payments screen.