Payment

The Payment field is used to indicate the amount of a particular payment, applied to either a VI (Vendor Invoice) or another VP (Vendor Payment) that has unapplied credits.

Disabled Field

• The Payment field will be disabled until the checkbox is selected to include a VI or VP row in a Vendor Payment.  

Default Value

Once a row is selected:

• The Payment field value will be calculated as:  Payment = Balance - Discount
• The Payment field value will be added to the Payment column total
• The Header area Balance field will be reduced by the Payment amount

Calculations on Change (of Payment field)

When the value in the Payment field is changed, several other fields will be recalculated/updated as follows:

• The amount in the Payment field will be added to the Payment column total
• The amount displayed in the Header area Balance field will be reduced by the Payment amount
• The amount in the Remaining field will be updated --- calculated as Balance - (Payment + Discount)

Calculations on Change (of Discount field)

• The value in the Payment field will be updated automatically any time the value in the Discount field is changed.  
• The calculation for determining the Payment value when a Discount amount has been changed is:
• • Payment = Balance - Discount

Note the values in the Header area "Current Vendor Balances" are not changed based on any activity on the current Vendor Payment being edited.

Bulk Vendor Payment Creation

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.