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Former Member
Jun 29, 2016 at 07:10 AM

Terms Of Payement for Customer

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Dear All,

Need your explanation how to configure the following Terms of Payment scenario.

Operation 1: Five payments distributed equally in five annual periods .

100%

- Period 1 20% (Net due date "0d")

- Period 2 20% (Net due date Period 1 + 365d)

- Period 3 20% (Net due date Period 2 +365d)

- Period 4 20% (Net due date Period 3 +365d)

- Period 5 20 % (Net due date Period 4 + 365d)

Example with amounts and dates:

995€ Posting date 27.06.2016

- 27.06.2016 199€

- 27.06.2017 199€

- 27.06.2018 199€

- 27.06.2019 199€

- 27.06.2020 199€

Operation 2: Four payments distributed equally in four annual periods.

100%

- Period 1 25% (Net due date "0d")

- Period 2 25% (net due date Period 1 + 365d)

- Period 3 25% (Net due date Period 2 +365d)

- Period 4 25% (Net due date Period 3 +365d)

Example with amounts and dates

860€ 27.06.2016 Posting date

- 27.06.2016 215€

- 27.06.2017 215€

- 27.06.2018 215€

- 27.06.2019 215€

Regards

Shivaprakash