Post Contract Amount only once in Advance

[Former Member]

Hi All,

I have a situation where user wants to create a real estate contract (RE-FX) for 15 months, and want to charge per month 10,000\-AED. Here the posting should happen for the whole amount 150000\- in Advance on the date of creation of contract. I can see frequency option in RECN transaction, where it is allowing me to enter monthly,daily or yearly but not only once in adavance. Can you throw some light on this and help me how to post the total amount?

Thanks,

Bala.

[franz_posch]

Hi Bala,

could you please try out the following input for frequency term:

frequency 15 months

Amt Reference monthy amount

payment form in advance.

Regards, Franz

[Former Member]

Thanks a lot Franz. Problem Soved.