---
title: "Prepare the payment times report from the accounts payable data"
url: "https://ailawframework.com/practice/in-house-general-counsel/prepare-the-payment-times-report-from-the-accounts-payable-data"
type: "task"
site: "AI Law Framework"
id: "A40-D20261018-8"
practice_area: "In-House / General Counsel"
tier: "yellow"
lawyer_review: "required"
last_reviewed: "2026-10-22"
---

# Prepare the payment times report from the accounts payable data

> From the accounts payable ledger, the supplier master file and the standard payment terms, identify small business suppliers by the method the entity has adopted for the scheme, calculate the payment terms and payment…

Canonical page: https://ailawframework.com/practice/in-house-general-counsel/prepare-the-payment-times-report-from-the-accounts-payable-data  
Last reviewed: 2026-10-22

Site index for agents: https://ailawframework.com/llms.txt

## Key facts

| Fact | Value |
| --- | --- |
| Practice area | [In-House / General Counsel](https://ailawframework.com/practice/in-house-general-counsel.md) |
| Human involvement | Yellow: Lawyer and AI draft together |
| How AI is used | From the accounts payable ledger, the supplier master file and the standard payment terms, identify small business suppliers by the method the entity has adopted for the scheme, calculate the payment terms and payment times figures the report asks for over the reporting period, and populate the report with each figure traced to its query. |
| What the lawyer must review | The lawyer confirms the entity is a reporting entity and which group members are covered, checks the method used to identify small business suppliers, reviews any figure that moved sharply from the last report, and confirms the report is approved by the right person and lodged on time. |
| Written for / versions | 1 jurisdiction versions below |

## Checking plan

**Line-by-line review**

Review the complete output at the level of each line, paragraph or clause; check facts, meaning and omissions.

- What the AI does: From the accounts payable ledger, the supplier master file and the standard payment terms, identify small business suppliers by the method the entity has adopted for the scheme, calculate the payment terms and payment times figures the report asks for over the reporting period, and populate the report with each figure traced to its query.
- What the lawyer does: The lawyer confirms the entity is a reporting entity and which group members are covered, checks the method used to identify small business suppliers, reviews any figure that moved sharply from the last report, and confirms the report is approved by the right person and lodged on time.
- Who reviews: Responsible lawyer with competence in the matter
- Basis: Practical workflow informed by the linked primary sources; the traffic light and working checks are editorial guidance, not a court classification.
- Why: The level reflects what the work is, the consequence of an error, and how much of the output the lawyer must independently re-derive.

## Checks the lawyer makes

1. Confirm the entity meets the test: constitutionally covered, carrying on an enterprise in Australia, and total annual income over $100 million.
2. Check the reporting period matches the entity’s income year halves.
3. Reconcile the invoice count used to the ledger for the period.

## Notes

- These are suggested working checks. Confirm the required checking with the responsible lawyer before work starts; the checking approach does not establish permission to use AI.

## Sources

- [Treasury — Payment Times Reporting Scheme](https://treasury.gov.au/small-business/PTRS) (checked 2026-10-18)

## Forms and precedents for this task

| Form or precedent | Kind | AI level | Summary |
| --- | --- | --- | --- |
| [Payment times report: who reports and when the two reports fall due](https://ailawframework.com/precedents/in-house-general-counsel/payment-times-report-diary.md) | Checklist | Yellow | Diary for a payment times report under the Payment Times Reporting Scheme. A reporting entity gives two reports a year, each within three months after a six-month period.… |

Signed-in accounts can read the full text of each one.

## Jurisdiction versions

| Jurisdiction | Level |
| --- | --- |
| [United States](https://ailawframework.com/practice/in-house-general-counsel/prepare-the-payment-times-report-from-the-accounts-payable-data/united-states.md) | Yellow |

*Practice guidance for planning and review. Confirm current primary sources and the requirements of the actual matter. This is general information, not legal advice.*