Introduction/Purpose: 

The receivable payment plan is often arranged between the creditor and the debtor in order to establish a structured payback schedule that allows the debtor to clear their financial obligation over a specified period of time. This arrangement aids in cash flow management and facilitates timely receivable collection.

Dependency:

• Accounts Receivable Integration: To ensure appropriate representation in the Financial Accounting, the receivable payment plan should be integrated with the accounts receivable module.

How To Navigate:

The navigation includes the following steps for viewing the receivable payment plan in the Financial Accounting system

• Click on the transactions tab: The transactions can be accessed by clicking on the transactions tab on the side menu.

• Click on the receivable payment plan: The receivable payment plan can be accessed by clicking it from the receivable section.

Listing:

A receivable payment plan listing in a Financial Accounting system is a feature that provides a list of all receivable payment plans.

• Users can view the following information in the receivable payment plan listing
  • Voucher and date 
  • Inv/ref and customer 
  • General ledger and currency 
  • Exchange rate and taxable 
  • Net amount and net amount (lc)
  • Attachment, payment, and status 

User can perform the following actions 

• Show all listing: The “Show all listing” function is to display and update a list or collection of receivable payment plans within the system.

• Clear cache: The “Clear cache” function clears the cached data associated with the receivable payment plan.

• More options: The “More options” function provides the user with more actions or functionalities.

• Print records: The “Print records” feature allows users to print content by opening a print dialogue or displaying a preview of the content to be printed.

• Search & Quick search: The “Quick search” refers to the option that allows for detailed searches based on multiple parameters, while the ” Search” option allows for short searches based on keywords or selective terms.