Every six months, Australian companies with more than AUD100 million in annual turnover must report how and when they pay small business suppliers (suppliers with annual turnover under AUD10 million).
This feature organizes vendors by size or payment terms and creates reports that meet local authority requirements.
The average agreed payment period.
The average actual payment term.
The proportion of invoices paid after the agreed payment period.
Select the period for the calculation and choose a grouping for the details. For each grouping, you can view the sourced entries.
Use this feature by opening the Payment Practices page and creating a new payment practice. To use different types of reporting for vendors, customers, or both, use the Header Type option. For payment time details and statistics, set up all parameters and select Generate.
The report is in the required format. It categorizes details into ranges of time based on the timing after the invoice date:
Less than 21 days
21-30 days
31-60 days
61-90 days
91-120 days
More than 120 days
Business Value:
The payment times reporting feature in the Australian localization helps large businesses with annual turnovers exceeding $100 million comply with Australian regulations. These regulations require businesses to report how and when they pay their small business suppliers.
Enabled for:
Enabled for end users automatically
More info: https://learn.microsoft.com/en-us/dynamics365/business-central/localfunctionality/australia/payment-times-reporting
GA date: June CY2026