MAC-PAC Homecontact ussupport login 
Documentation > MAC-PAC Technical Library > Financial > Accounts Receivable > Programs > Average Days to Pay Calculation - Purpose

Average Days to Pay Calculation - Purpose

AR170E

The Average Days to Pay Calculation program (AR170E) calculates the average time in days a customer takes to pay his open invoices.  It reads the accounting date of the invoice, the payment date, and the payment amount from the Payment file (ARPMNTL1).  It uses this information to calculate the average days to pay for the customer and updates the Customer Master file (ARCUSTL1).  The program also calculates the average days a customer is late to pay overdue open items.  The calculation only includes late payments and does not include any payments that occurred prior to the due date.

 

AR170E Program Menu