Payment in installments

Hello,

you need to do this by creating new terms of payment.in OBB8

create 6 terms of payment.

MAIN terms of payment - select doc date as the default base line date. select the check box "installment payments" under the tab payment terms. save

create payment term A -default base line date: doc date - additional months 1 in base line date calculation. save

create payment term B - default base line date:doc date - additional months 2 in base line date calculation.save

C - same .additiona months 3

D - default BLD:doc date additional months 4

E- default BLD:doc date , additional months 5

now go to obb9

TOP inst percent pmnt term

MAIN 1 20 A

MAIN 2 20 B

MAIN 3 20 C

MAIN 4 20 D

MAIN 5 20 E

Save.

Now when you post invoice system will show each installment to be paid seperately with due dates one month apart

Hope this helps

Anil

Edited by: Anil Anand on Aug 13, 2009 4:00 PM