Payables and Cash Management - EBS (MOSC)

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Payment Terms Set up

edited Oct 21, 2016 5:00AM in Payables and Cash Management - EBS (MOSC) 2 commentsAnswered

How is the Payment Terms set up driven and based on the same how is the due date for invoices calculated?

For example, if payment terms is "EOM30" its description says, 30 days from invoice date whereas as per business, EOM relates to end of month.

Please clarify the same.

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