Viewing payment schedule details

This page allows you to view the details of the payment schedule that has been generated. You can view the details of the invoice and the schedule information.

Select the “Payment Schedule” link at the bottom of the “View Invoice” page.

The “Payment Schedule” page appears.

The system displays the following:

Invoice #	The number identifying the invoice.
Status	The status of the invoice. It could be “Fresh”, “Draft”, “Authorized”, “Held”, “Partly Paid”, “Fully Paid” and “Reversed”.
	Draft – indicates a newly created invoice that cannot be authorized. You can make modifications to an invoice in this status.
	Fresh – indicates a newly created invoice that can be authorized. You can make modifications to an invoice in this status.
	Authorized – indicates that the invoice has been authorized and the relevant postings have been made in the selected finance book. You cannot modify the details of the invoice in this status.
	Held – indicates that the invoice has been put on hold. An invoice in this status will not be considered during a transaction. You must release an invoice in this status to use it again during transactions.
	Partly Paid – indicates that a part payment has been received for the invoice. This status is updated from the “Customer Balance Adjustment” business component.
	Fully Paid – indicates that the entire payment for the invoice has been received. This status is also updated from the “Customer Balance Adjustment” business component.
	Reversed – indicates that the invoice has been reversed in the books of accounts. You can reverse an invoice in the “Authorized” status.
Currency	The code identifying the currency in which the invoice has been created.
Total Invoice Amount	The total amount invoiced.
Discount Computation	Indicates the method in which the discount is computed. It could be “Base Amount” or the “Gross Amount”.
	Base Amount – indicates that the discount is calculated on the invoice amount before the addition of taxes or charges or deduction of discounts.
	Gross Amount – indicates that the discount is calculated on the total invoice amount after the addition of taxes and charges and deduction of discounts.
Pay Term	The code identifying the pay term based on which the payment schedule is calculated.
Description	The textual description of the pay term.
	Zoom facility available

The system displays the following in the “Payment Schedule Information” multiline:

Term #	A unique number identifying the installment that is due for payment.
Due Date	The date on which the installment is due for payment.
Due Amount Type	The type of amount that is due for payment. It could be “Flat Amount” or “Percentage”.
	Flat Amount – indicates that a flat amount is payable on the due date.
	Percentage – indicates that the amount due is a percentage of the total due amount.
Due %	The percentage of the total amount due.
Due Amount	The amount due for payment.
Discount Computation Amount	The amount on which the discount must be calculated.
Discount Amount Type	The type of discount that can be availed. It could be “Flat Amount” or “Percentage”.
	Flat Amount – indicates that a flat amount can be deducted as discount.
	Percentage – indicates that the discount amount would be a percentage of the due amount.
Discount Date	The date on or before which the payment due must be made to avail the discount.
Discount %	The percentage of the amount that can be deducted as discount.
Discount Amount	The amount that can be deducted as discount.
Penalty %	The percentage of penalty due if the payment is not made on time.

To proceed, carry out the following

Select the “Invoice Summary” link at the bottom of the page to view the details of the invoice.

Select the “Accounting Information” link at the bottom of the page to view the posting details of the invoice amount.