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Installments

Former Member
0 Kudos

Hi all,

I am facing some trouble with installment in payment terms.

One of my customer have 24 installments in payment terms.

So i defined 24 installments in the payment terms with

DueDate based on = Posting date

No. of Installments = 24

So when i am trying to add A/R Invoices , an error pops saying that Due Date deviates from permissible range.

I can understand that it is because of the fiscal year.....

But Can anyone suggest me how can i handle this situation.

Thnks in advance,

MariKannan

Accepted Solutions (1)

Accepted Solutions (1)

former_member583013
Active Contributor
0 Kudos

Of Course, this is a continuous process. If you want to have a Due Date on a marketing document which is 24 months in the future then you need to have posting periods defined for the next 2 years and also for each posting month change the Due Date range to stretch 24 months.

Suda

Former Member
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Thnks Suda....

Answers (1)

Answers (1)

former_member583013
Active Contributor
0 Kudos

Marikannan,

You would have to do a couple of things. First define new posting periods as far the due dates go

Administration > System Initialization > General Settings..Posting Periods

If your 24 installments end in 2009 then you would have to create posting periods till 2009.

You have to then change the Due Date Range for each posting Period Month so that it can accomodate your stretched Due Date.

For this, click on the <b>Golden Arrow</b> next to the CODE in the Posting period Window for each posting period and change the <b>Due Date To</b> range upto <b>31.12.2009</b> or beyond as your case may be.

So for each Posting Period you have to individually go in and change the Due Date Range so that the Due Date will be in range when creating the AR Invoices.

Example:

For October-2007 you can have <b>Due Date From 01.01.2007 To 31.10.2009</b>

For November-2007 you can have <b>Due Date From 01.01.2007 To 30.11.2009</b>

For December-2007 you can have <b>Due Date From 01.01.2007 To 31.12.2009</b>

Former Member
0 Kudos

Hi suda Sampath

Thanks for spending time on answering my thread....

I tried the way u said....But still i have some doubts on that....

When i am making a document on december 2009 wont there be a conflict of fiscal year since we have not defined for 2010 in the posting periods....

Please bug me at this stage....

Regrds,

MariKannan.