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May 30, 2011 at 09:45 AM

Payment on Average Due Date

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Hi

Automatic Payment Program considers due date for making payment to vendors.

Now i want to know if there is possible for making payment on the basis of average due date (calculated on the basis of amount and the actual due date).

Requirement:

While posting vendor invoice, i will enter give payment terms and due date will be calculated on the basis of payment terms.

Now in one week, i need to make the payment on the basis of average due date for that week.

For example, on wednesday, i will make all the payment which are due in the entire week (i.e. monday to friday). Is this (average due date) possible for automatic payment program.