Modify due dates and discount dates
On the Vendor transactions list page, you can update due dates and discount dates for open vendor transactions. By selecting the due date on the Vendor transactions list page, you can also change payment terms and cash discount terms in the Update due date and cash discount dates dialog.
Activate the Show due date and allow edit feature
To add due dates to the Vendor transactions list page and change payment settings for a transaction by using the Update due date and cash discount dates dialog, follow these steps:
Select Accounts payable > Setup > Accounts payable parameters.
On the Settlement tab, set the Show due date and allow edit option to Yes.
Note
The Show due date and allow edit feature requires that you save extra payment information for each transaction. If you post a new transaction or open an existing transaction, the system adds more information to the transaction.
The Update payment information dialog appears. To update existing transactions immediately, select Update all existing transactions. Alternatively, to fill in the fields only for new transactions, select Continue without update.
The system adds the due date to the Vendor transactions list page so that you can modify the due date and cash discount dates for transactions.
Modify the payment settings
The Vendor transactions list page shows all transactions for a vendor. When you select the due date for a transaction, a dialog appears. This dialog shows the base date for due date and discount calculations, due date, payment terms, cash discount terms, and cash discount dates.
Each field has a different effect on the transaction when you edit it:
Edit the base date - The due date and discount dates change as if the base date is the document date.
Edit the due date - Only the due date changes.
Edit the discount dates - Only the discount dates change.
Edit the payment terms - The due date changes based on the base date and the payment terms.
Edit the cash discount terms - The cash discounts change based on the base date and the cash discount terms.
When you finish editing the payment settings, select Close to save your changes.