2 docs tagged with "payment schedules"

The FAP data model is built around three core areas — Suppliers, Transactions, and Payment Schedules — with supporting entities for supplier sites, site uses, and transaction holds. Understanding how these relate is the key to understanding how Raytio tracks accounts payable.

Once a supplier transaction is validated, FAP generates Payment Schedules to track exactly when and how much is owed. Each schedule row represents one instalment defined by the transaction's payment terms. This gives accounts payable a clear view of upcoming obligations.