Terms Of Payement for Customer

[Former Member]

Dear All,

Need your explanation how to configure the following Terms of Payment scenario.

Operation 1:  Five payments distributed equally in five annual periods .

100%                  

-              Period 1 20% (Net due date "0d")

-              Period 2 20% (Net due date Period 1 + 365d)

-              Period 3 20% (Net due date Period 2 +365d)

-              Period 4 20% (Net due date Period 3 +365d)

-              Period 5 20 % (Net due date Period 4 + 365d)

Example with amounts and dates:

995€ Posting date 27.06.2016          

-              27.06.2016 199€

-              27.06.2017 199€

-              27.06.2018 199€

-              27.06.2019 199€

-              27.06.2020 199€

Operation 2:  Four  payments distributed equally in four annual periods.

100%    

-              Period 1 25% (Net due date "0d")

-              Period 2 25% (net due date Period 1 + 365d)

-              Period 3 25% (Net due date Period 2 +365d)

-              Period 4 25% (Net due date Period 3 +365d)

Example with amounts and dates

860€ 27.06.2016 Posting date      

-              27.06.2016 215€

-              27.06.2017 215€

-              27.06.2018 215€

-              27.06.2019 215€

Regards

Shivaprakash

[siva_vasireddy2]

Hi,

Did you try with Milestone Billing