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Former Member

Incorrect maturity date while creating new payment term of 1800 days.

Hello Gurus,

I have created a payment term for 1800 days with 60 additional months
Now I am facing one problem with the maturity date.
Please find screen shots below.

capture.png

Maturity date is coming 05.01.2022 instead of 19.01.2022.

capture1.png

capture2.png

Please revert asap

Thanks,
Mukund.

capture.png (40.0 kB)
capture1.png (91.3 kB)
capture2.png (90.3 kB)
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1 Answer

  • Best Answer
    Feb 16, 2017 at 01:01 PM

    Hi Mukund,

    You have defined the fixed day as 5 which means the calendar day 5th hence system takes the date 5.1.2022 instead of 19.1.2022.

    Fixed day 5 means after the 60 months it will take the 5th date of the month as per your terms of payment configuration.

    Regards,

    Pankaj

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