Use this window to define your organization's payments that are made on a regular schedule with regular amounts each time. You must enter at least one account to which the expense will be applied. If you want to expense the regular payment over more than one account, enter the account numbers in the Account Number column. If you will be expensing A/R subsidiary accounts, you can leave this column blank because the account code defaults in when you specify the A/R subsidiary code. The expense account(s) and other information about the regular payment are stored on the Regular Payments table:
When your system is configured to operate in foreign currencies, you simply enter the Regular Payments Master rows in the currency in which they will be invoiced and paid. The subsidiary code determines at the time that transactions are created how the transaction amounts and foreign transaction amounts are handled.