Enter Payment Method Rule

Explanation

This activity is used to enter, change, and view payment method rules. This optional task is to be performed by a system administrator or equivalent person.

Payment method rules are defined per company. They are used to setup payment methods in the payment proposal based on the total amount paid to supplier/payee in one payment proposal. The selection is done separately for each payee and currency. It is also possible to define whether separate calculations are required for different planned payment dates.

Prerequisites

N/A

System Effects

As a result of this entry, a payment method rule will be defined, and it will be possible to connect it to a supplier.

Window

Payment Method Rules

Related Window Descriptions

Payment Method Rules

Procedure

1. Open the Payment Method Rules window. 
2. Click New. 
3. Enter the rule ID and description.  
4. Clear the Separate Calculations per Planned Payment Date check box if you do not wish to calculate each payment method plan separately. (Note : This check box will be selected by default.) 
5. Save the changes.