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Former Member

New payment terms with Due December 15th 2011

Dear All,

My business requirement is to create new payment terms with due date upto December 15th 2011 from the using of that payment terms,

Please suggest the step by step to create this kind of payment terms,

Thanks in advance,

Sridhar

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1 Answer

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    Former Member
    Jul 15, 2011 at 05:19 AM

    Dear Sridhar Alleni,

    For your requirement, i strongly feel that we will have to use more than one payment term.

    Make following payment terms

    (CLICK ON NEW ENTRIES OR COPY EXISTING PAYMENT TERMS AND MAINTAIN THE SETTINGS AS MENTIONED BELOW.)

    PAYMENT TERM Z001 - DESCRIPTION : JULY TO DEC

    Baseline calculation date

    Fixed day : 15

    Additional months : 5

    Z002 - AUG TO DEC

    Baseline calculation date

    Fixed day : 15

    Additional months : 4

    Z003 - SEPT TO DEC

    Baseline calculation date

    Fixed day : 15

    Additional months : 3

    Z004 - OCT TO DEC

    Baseline calculation date

    Fixed day : 15

    Additional months : 2

    Z005 - NOV TO DEC

    Baseline calculation date

    Fixed day : 15

    Additional months : 1

    Z006 - DEC TO DEC MID

    Baseline calculation date

    Fixed day : 15

    Additional months : 0

    Instruct the users/business to use the corresponding payment term during each month.

    i.e, If its oct month, ask them to use Z004 and likewise.

    Please check and revert back.

    Also if you are able to solve this in someother way, please update.

    Thanks & Regards,

    Hegal K Charles

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