Scheduled payment hold in oracle apps : Steps to Put Scheduled payment hold in oracle apps

Scheduled payment hold in oracle apps : Steps to Put Scheduled payment hold in oracle apps

In this post , We will be discuss about Scheduled payment hold in oracle apps. Scheduled Payment Holds are not the same like Invoice Holds and we don't put under the Holds Tab in the AP invoices. As we know that , We put hold to AP invoices when we put hold in the payment for these invoices so in that same way Scheduled payment hold is uses to put hold in the Invoice Payment but why this is different from other invoice holds because this hold can be use to hold full payment of the Invoice or can also be use to hold the Partial Payment of the invoice means if we don't want to pay 25% of the invoice so with Scheduled payment hold we can hold the 25% amount of that invoice. Here below I will describe in detail about Scheduled payment hold.

 

 

Steps to Put Scheduled payment hold in oracle apps

Step1:-

Go to Oracle AP Invoices.

When we book any AP invoice, then system automatically calculates the Scheduled Due date of the Payment according to the Payment Terms attached to that Invoice. We can see this Scheduled Payment Due Date in the Scheduled Payment Tab of the AP invoice.

 

Here below, For Example I got one bill from Supplier for 250 for 2 pens but I found 1 pen in wrong condition so I am looking out from supplier to send the corrected piece again so now I want to pay only 125 rupees to the supplier and rest of the 125 I will pay when the supplier will send me the correct or replace this wrong pen.

 For this I have break the Invoice payment of 250 in two schedules. In the second payment schedule, I have enable the check box of Hold so now we can only the 125 to this supplier. In future when we need to pay the rest of the 125 amount then I only need to uncheck this check box.