Release unpaid balance

This program lists all payees who have unpaid royalty balances or held payments, which can be selected and released for payment as required. Release for payment will only be applicable if the payee/creditor is not held for payment (Creditor masterfile). On release the system will reverse the unpaid GL journal for the selected payee and create AP invoice and interface to AP system.

  1. In the menu, expand Publishing Modules Rights & Permission > Period Processing and Others > Close of Royalty Period and double-click Release Royalty Unpaid Balance. RYO075 Release Royalty Unpaid Balance panel appears.
Field Description
Payee Payee/Creditor ID whose payment is held.
Name Name of the above Payee/Creditor.
Hld Payment hold flag as nominated on the creditor masterfile. The hold flag must be turned off to release the payment to the payee.
Total Total lump sum amount that is held from the respective payee.
C Currency for the held payment amount.

Available options are:

Option Description
Detail  Use this option to see a list of Contract, Royalty Period and Unpaid amounts for the respective payee.
Release This will release the held amounts for payment for the selected payee. Release option is only allowed if the creditor is not held by AP.
  1. Select the Payee and click option Release to release the held amount to the payee.