Set up AP Payment Predictor for Account Receivabls

The Payment Predictor is the automatic cash application process in PeopleSoft Receivables. It provides an alternative to applying payments using an express deposit or payment worksheet.

PeopleSoft delivered several sample payment predictor algorithms for difference ways to match the payments. The setup could be as simple as copy a few samples.

Our requirement is to match payment invoice, exact amount and currency code.

1. Set up payment predictor method.














2. Setup Receivable Option, Payment Options : Payment Predictor Method should be the above method.
3. Make sure table setid control for payment predictor is pointing to the right setid.
4. Test test test...