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payement terms - Credit memo

krishnaswamy_kumaraswamy
Active Participant
0 Kudos

Hi experts

I have a issue with my client

they are posting the Credit memo with payement terms ( 30 days) but where as in the accounting document the net due date comes the creation date ( posting date ) current date

even in Payement terms they have given the document date and every thing looks okay

where as for sales , the payement terms is 60 days and the net due date comes after 60 days

pls help

Accepted Solutions (1)

Accepted Solutions (1)

Former Member
0 Kudos

Hi,

when you issue the credit memo you are paying the customer or may be returning his payment or giving credit for returns

The payment terms in the invoices are mostly for the receivables

I think it's causing the prob just because it's the credit memo & not a standard invoice

Thanks

Prashant

Answers (0)