How to change the Maturity date for a Payment?

[Anjireddy.r12]

Hi,

I created Payment today (2011/10/29) with a Maturity date <b>2011/12/25</b> and issued the check to Supplier.

Now i want change the maturity date, because on the maturity date (2011/12/25) company does not have sufficient funds and need to change date to <b>2011/12/30.</b>

The Maturity date button is grade out and unable to change. Please let me know your valuable suggestions on this Issue.

Thanks & Regards,
Anjireddy

[Jali]

The field "maturity date" in payment workbench is derived based on the "Payment Method" field value selected. For this maturity date to be updatable, the payment method selected should be future enterable/ Bills Payable.

To check if a payment method is allowed for future enterable please check the following;
Navigate to Setup > Payment > Payment Administrator
Check for Payment Methods and then click on Go To Task icon
Query the payment method in question
Click on Update icon