You must have the PaymentAdministrator or PaymentManager permission to work with payment requests and payment transactions.

Credit payment requests are listed on the Credit tab of the Payments screen. Credit payment requests are available only after the corresponding invoice reconciliation document is fully approved. You cannot edit credit payment requests.

If the PMT to which a credit payment request has been applied is voided or canceled, the credit is immediately made available again for use in another transaction.

When Ariba Settlement is enabled, Ariba Buyer uses payment requests to track money owed to you by a supplier, and applies the credit when it consolidates payments to create payment transaction (PMT). These requests for amounts to be credited are called credit payment requests.

Credit payment requests are handled like other payments, except that the balance is negative. You can see available credit payment requests and use them to take appropriate action when scheduling payments. For example, when an invoice represents an item that has been returned, you can put the invoice on hold until the supplier’s credit payment request is received.

In order to apply credit to a payment transaction, Ariba Buyer splits the credits as necessary. For example, if a credit payment request PAY1 for -$100.00 exists for a supplier, and Ariba Buyer consolidates payments for the supplier into PMT1 for $60.00, it splits the credit amount between the original PAY1 (now for -$60.00) and the new PAY1-1 (for -$40.00). Ariba Buyer then applies PAY1 (for -$60.00) to PMT1 ($60.00), resulting in a payment transaction whose amount is $0.00. PAY1-1 (for -$40.00) remains available for future use.