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Payment term definition

Posted on Aug 11, 2009 at 05:55 AM 135 Views

Hi guys:

I have one new payment term to be defined in OBB8.

Payment term due date on 31 days after month end.

For example, if invoice posted on 11/08/2009, due date should be 01/10/2009. But when i specify fixed date 31,additional months 1, the due date will show 30/09/2009.

Anyone has idea on this?

Forrest

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  • author's profile photo Former Member
    Former Member
    Posted on Aug 11, 2009 at 06:36 AM
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    Hi Guys:

    Anyone has idea on this issue?

    For another instance, if invoice posted on 12/01/2009, account from 1st Feb, the due date should be 03/03/2009.

    Thanks a lot.

    Forrest

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  • author's profile photo Former Member
    Former Member
    Posted on Aug 11, 2009 at 07:12 AM
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    Sany:

    Thank you for your attention.

    But for my understanding, No. of days just follow the baseline date for payment. If you specify 31 for this field, when the invoice posted on 11/08/2009, due date will be 12/09/2009.

    Revert back to me for any doubts. Thanks.

    Forrest.

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