SuiteSolutions – Pay When Paid offers project users a utility for holding project related bills until funds received against the project are sufficient to cover the bill payment. If Oracle project applications are not used, a custom record named PWP_ID can be used to link receivables and payables. Vendors can be exempt from payment holds. If the vendor is not exempt when one or more projects or PWP_IDs are entered against the approved bill it is placed on payment hold. Before bill payment processing, a UI screen displays all the held, due bills along with the accumulated cash, credits and released bills associated with the project or PWP_ID. Bills are listed in order of due date for each record.
If payments against the Project or PWP_ID can cover the bill, the bill is marked to pay. The proposed bills to pay can be overwritten in the screen. When the review is completed and the results submitted, the payment holds are removed. Non-project use cases employing the PWP_ID include holding payments for any products or services delivered to customers conditional on payment. For example, a bill for goods on consignment can be held and monitored until sales to customers have been realized. Unlike a project, the receivables considered using a PWP_ID can be linked to multiple customers and Pay When Paid functionality can be extended without consideration of project functionality.