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Use payment schedules

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When an accrual plan is set up to use a schedule for accrual payments, create the schedule. The total amount scheduled initially equals the Total Estimated Amount on the Payments tab.

Steps

  1. On the Customer Rebate/Promo Card, on the Navigate tab, in the Promo/Rebate group, choose Payment Schedule.

  2. If no fixed schedule can be created, enter the information manually line by line:

Field

Description

No.

Filled in automatically, but can be changed.

Scheduled Date

The date on which the payment should be posted.

Amount

The payment amount for the specified date.

  1. If a fixed schedule can be created, on the Home tab, in the Process group, choose Create.

  2. On the page that appears, fill in the following fields:

Field

Description

Starting Accrual Date

The starting date of the scheduled payment posting.

Accrual Interval

The date interval between the scheduled payment postings.

No. of Accruals

The number of scheduled payments to be posted.

Accrual Amount

The amount per scheduled payment posting.

  1. Choose OK. The scheduled payment lines are created automatically.