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Former Member
Mar 24, 2009 at 01:33 PM

Vendor Payment Terms

37 Views

Hi,

Need to configure Vendor payment terms as follows:

24 days credit period.

After 24 days interest calculation at 27% i.e DPC Delayed Payment Charges.

But if I pay before the Vendor gives me EPI Early Payment incentive that is also 27%.

i.e. if I pay within 10 days then the interest for 14 days(24 - 10 =14) @27% is given as EPI.

How do I configure this ?

Thanks

Arun