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