What does it mean if the payment status on the voucher is “Payable” in BearBuy? When will the invoice be paid?

The voucher completed all workflow and approval steps in BearBuy, and the invoice is ready to pay. The invoice will be paid according to the payment terms (such as Net 30).

• Net 30 – The invoice will be paid 30 days after the Supplier Invoice Date.
• Net 60 – The invoice will be paid 60 days after the Supplier Invoice Date.
• 2% 10, Net 30 – The invoice will be paid within 10 days after the Invoice Received Date (minus 2% early pay discount). If more than 10 days has passed, the invoice will be paid 30 days after the Invoice Received Date (full amount paid).

To find the Scheduled Pay Date, view the voucher in MyReports. The MyReports application is accessible through UCSF MyAccess. In MyReports, go to the Transaction Reports tab > Accounts Payable/Purchase Order Inquiry Report (AP/PO) > enter the Voucher ID > click the Run Report button at the bottom of the screen.

Note: It may take 24-72 hours after the voucher completed workflow in BearBuy before the voucher is viewable in MyReports.