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:

Using file maintenance programs

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

Click Field Descriptions for information on each field.