Purchase Invoice Payment

[Former Member]

Dear all,

One of my client have a scenario in purchase invoice payment

#They are purchasing from the suppliers for 120 days payment terms. but they need to pay a certain % of interest on that( For Ex: 5 %). May be they make monthly payments and interest will be calculated on the remaining amount. If they are paying monthly total percentage ll get divided as1.25 mothly

#this interest amount should posted a separate account

please give me your valuable suggestions to map these process in SAP B1

Thanks

Andre

[KennedyT21]

Hi Andre Henn..

Have you tried with the Installments option

There are two methods to set the due date in the A/R and A/P invoices:

• Fixed day – you make the payment on fixed days that you define in the Payment Dates window.
• Regular – you make the payment on the due date that is calculated according to the Payment Terms - Setup window.

To access the window, choose --purchase– A/P -- A/P Invoice -- Accounting -- Installments\

Regards

Kennedy

[Former Member]

HI

I just tried to do by using installments but that not giving result for me.

i just want to know how i can track that interest. since this is outgoing payment, am not seen any fields for this.

Thanks

Andre