Billing requirement

  For one of the client, following is the requirement with respect to billing to customer in R12.

 

Billing should happen on the following basis:

50% on Order        

30% on Delivery

20% on 30 days    

An invoice is sent to the customer against each of the schedules above.  In the last schedule, system will only consider the net to be billed

 

Ex: Consider following invoice lines

 

Invoice lines      Amount

Line1                    100

Line2                      20

Line3                      30        

 

Billing should happen as follows:         

On Order         75 +VAT

On Delivery     45+VAT 

On 30 days     30+VAT

 

Need to know if this is possible using standard Order Management and Receivables features.