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Reg: Payment Term : Discount if payed before due date(due date is fixed)

Hi All,

There is a requirement to have a payment term, which will have a fixed due date. And if payment is done before this due date discount of 1% is applicable.

We can create the payment term with a fixed due date(using BTE functionality) , But how to achieve the requirement, "If payment is done before this due date discount of 1% is applicable" . Please provide your inputs on the same.

Regards

Rudra

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4 Answers

  • Posted on Dec 31, 2013 at 11:30 AM

    Hi Friend

    Please check the attachment. It will helps you to understand easily.


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  • author's profile photo Former Member
    Former Member
    Posted on Dec 31, 2013 at 11:53 AM

    Hi Rudra Prasanna,

    Please see below an example of a payment term with 1% discount and Fixed date of 20th.

    Regards,

    Leelendra


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    • Hi Leelendra,

      Actually the requirement is as below.

      If for the payment term, the due date is 30.04.YYYY .When ever the invoice is posted the net due date would be 30th of coming April Month.(this is possible through user exit).

      If payed before that, then there would be 1% discount applicable.

      So, I don't think the above config will solve the requirement.

      Regards

      Rudra

  • Posted on Jan 01, 2014 at 06:15 AM

    Hi All,

    Any further inputs on the above query ?

    Regards

    Rudra

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  • Posted on Jan 02, 2014 at 08:05 AM

    solved...in another thread...

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