Deferred Payments
Definition : Deferred payments have to do with debts that are created today but are not due for payment until some agreed upon date in the future. The future process of payment may involve settling the entire debt on or before a specified date, or may be structured by commencing installment payments that will be begin on a specified future date and continue until the debt is fully retired. Use of a deferred payment strategy allows the debtor to receive the benefit of a good or service now rather than having to pay for the service in full at the present time.
Only payments in the Payment Register with status “Draft” may be converted to Deferred Payments :
In the Payments Register, simply click on 
:
|
|
Click on
|
|
|
Click on Draft Payment into the Payments Register |
|
|
Delete highlighted Payment from deferred payments register. Typically used if a duplicated payment was made. |
|
\ |
Interrupt the import/Export option |
|
|
Search for a particular deferred payment. |
|
|
Show log of imports and exports into Deferred Payments Register. |
\ 
to import the Current Draft Payment into the Deferred Payments register.
\ 
to reinstate the Current
\ 
\ 
\ 
|
|
Close the Deferred Payments Register. |
\ 