| # Supplier stage payments Infor LN 10.3 Supplier stage payments is new functionality in Infor LN 10.3. Stage payments enable customers to pay suppliers before or after the ordered goods are received for a purchase order. The payments are spread over a period of time and the amounts must be paid to the supplier on specific dates. The purchase order item's invoice flow is separated from its goods flow. Supplier stage payments can be useful for items with characteristics such as long lead, high value, a large amount of engineering, and a fixed price. The stage payments can include the dates and events for which the supplier must complete specific tasks before receipt of any goods, such as providing design documents or test results. Example
Stage payment line | Description | Due date | Amount
--- | --- | --- | ---
1 | Deliver final design | 1 January | 300k
2 | Deliver final test results | 31 July | 400k
3 | Receipt and inspection | 31 December | 300k
You can specify stage payments for an RFQ response or a purchase order line. For more information, refer to Supplier stage payments. Related topics Supplier stage payments |