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Accounts Payable: Payment Schedules

Payment schedules in Accounts Payable are used when a supplier invoice needs to be paid in multiple instalments rather than as one single payment. They allow the business to define how the invoice amount will be divided and when each instalment becomes due. For example, instead of paying a £10,000 supplier invoice in full, the company may agree with the supplier to pay £2,000 each month over five months. In Dynamics 365 Finance & Operations, the payment schedule can be configured with the payment frequency and number of instalments, and the resulting instalments can then appear automatically when the AP team creates a payment proposal. This is particularly useful for large invoices, staged payments, or supplier agreements where payment is spread over a period of time. This document is going to explain how to configure payment schedules, types and how to use the schedule in payment proposals.