Financial - JDE1 (MOSC)

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Payment term request.

edited Apr 18, 2018 5:00AM in Financial - JDE1 (MOSC) 4 commentsAnswered

Hi Client requested to setup a new payment term. Logic is shown as below

50% on invoice date  and remaining 50% next day of delivery date

i.e Half payment is done on invoice date and a half payment on next day of when goods are delivered.

Consider 100 as cost  and 15/3/2018 as invoice date and delivery date as 20/3/2018, then 50 should be paid on 15/3/2018 and remaining 50 should be paid on 21/3/2018.

Please let me know if we can achieve this via Advanced payment term. If yes, please provide me the setup in detail. thanks in advance.

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