Accounts Receivable payment schedule
Have you ever heard of a payment schedule possibility for Accounts receivable? This payment schedule is different then the scheduled billing. It occurs after the invoices have been posted and the customer is requesting to allow a change in the due dates of his open items. An agreement is then made with the customer that a certain percentage of the items are paid by date N, another by date N+1 etc. Usually this is done when the customers have a cash flow issue and also in cases when a product is just release and this kind of deviations from standard payments are allowed (this is not to be looked as a usual installment payment).
Besides storing the data somewhere in SAP the business is also requesting to be able to see this information in various reports i.e. FBL5 (they need to see the due date according to the payment term and the due date according to the payment schedule), Aging (aging according to the regular payment term and due date, and aging according to the payment schedule).
Thanks a lot!