The SUPPLIER acknowledges that failure of SUPPLIER to deliver equipment/material by the delivery date will cause damage to PURCHASER being subject to Liquidated Damages.
The SUPPLIER agrees to pay to PURCHASER as Liquidated Damages for delay as penalty (2) % per each week or fraction of week of delay thereof up to a maximum of (10) % of the Total order value.
can I manage it in po or during GR or during the invoice ?
can it be managed automatically by the system or manually ?
Thanks in advance.