How to: Use Payment Schedules

When an accrual has been set up to use a schedules for accrual-payments, the schedule must be created. The total amount scheduled is initially equal to the Total Estimated Amount on the payments tab. To set up a payment schedule follow these 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, manually enter the information line by line.

Field	Description
No.	Filled automatically, but can be changed.
Scheduled Date	The date on which the payment should be posted
Amount	The payment amount for the specified date

3. If a fixed schedule can be created, on the Home tab, in the Process group, choose Create
4. A new page appears in which the following information must be entered:

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

5. Press OK. The scheduled payment lines are created automatically.