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Jan 24, 2011 at 08:31 AM

Doubts reg: payement term

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Hi all,

I have a requirement to create a payment term 30 Days, 3 % Cash Discount .

This means if payement is done with in 30 days 3% discount will be given.

But there is no specification of net days here. SO does that mean that net is 31 days?

Also, for this, while creating payment term in OBB8, should I maitain in the Payment term tab,

Trem1. Percentage 3% NO. Of days 30

Is there any thing else that needs to be maintained?