Bill of exchange payment requests are issued by the payment program for certain invoices and sent to the customer for acceptance. The program does not clear the receivables, as the customer is able to:

• Change the amount
• Issue a separate bill of exchange

• Pay by another payment method

The bill of exchange payment request is stored as a document in the system. The document number is noted in the open items, which should be cleared with the bill of exchange. If the customer returns the bill of exchange with his acceptance, you can select and clear the open items via the document number of the bill of exchange payment request. Changes which the customer made to the amount or to the bill of exchange due date must be taken into account when entering the payment by bill of exchange.

The bill of exchange payment request is only a noted item. In this case the payment program does not post to the accounts, but only notes that a bill of exchange payment request exists. The bill of exchange payment requests for a customer account or all bill of exchange payment requests for the special G/L account can be displayed at any time, since the system creates corresponding index entries for the customer account and for the special G/L account "Bill of exchange payment requests".

For the bill of exchange, the payment program already takes an arising cash discount in into account, if cash discount terms are contained in the invoice. In this case the program always subtracts an amount for the first cash discount term and correspondingly reduces the bill of exchange amount. The cash discount amount is only posted during payment by bill of exchange.