Available in Sage 50 Premium Accounting and higher.
This is the system date if you are in the current accounting period. If you're not working in the current accounting period, then this defaults to the first day of the current accounting period. Enter the actual date of the disbursement; this is not necessarily today's date.
For electronic payments, this is the date on which the payee must be paid. Sage 50 will calculate and display the Send By date based on this Pay On date. Note that the payment must be transmitted electronically on or before the Send By date in order for the payee to receive it on time.