Payment History F/M (ARF930)

Use this program to create and maintain the payment history file so the system can gather past payment history on some or all customers. Records will not be stored here unless the Payment History flag in the Customer F/M is set to selected.

It must be set up in the Payment History Control F/M as to the type of payment history being stored before records may be entered here.

There are two types of payment history: average and weighted average.

1. Average stores for each period the total number of days (past the invoice or due date depending on how it is set in the payment history control record) to pay all invoices and the total number of invoices that were paid during the period.
   
2. Weighted average stores for each period the total number of days (# of days past to pay an invoice X the dollar amount of the invoice) and the total dollars paid.
   

These records are used to print the Payment History Report and to display payment history in the Customer Inquiry.

For more information how to use maintenances, refer to the following topics:

How to use file maintenance programs

Access this program by choosing Accounts Receivable-->File Maintenances-->Payment History F/M.

Use the following fields creating a payment history record:

1. Customer number

Enter the customer number.

The following fields are used if the payment history control record is set to store A-average days outstanding:

2. Total days (Current Period)

Enter the total days to pay all invoices for the current period (+/-99999). Press Enter (CR) to default to 0.

3. Total Invoices (Current Period)

Enter the total invoices paid for the current period (0-999). Press Enter (CR) to default to 0.

4. Prior period(s)

Enter the total days and total invoices, as the fields above instruct, for the number of prior periods being stored as set in the payment history control record. Press Enter (CR) to default to 0.

The following fields are used when the payment history control record is set to Weighted average days outstanding:

1. Total $ Days (Current Period)

Enter the total dollar days for all invoices paid for the current period (+/-9999999). Press Enter (CR) to default to 0.

2. Total Dollars (Current Period)

Enter the total dollars paid for all invoices for the current period (+/-9999999). CR initially defaults to 0.

3. Prior period(s)

Enter the total $ days and total dollars, as the fields above instruct, for the number of prior periods stored as set in the payment history control record.