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Day Limit Field in the Terms Of payment

hi,

may i know how to use the day limit field in the terms of payment maintenance with some real live examples?

Former Member
Former Member replied

Hi Raja,

The concept of day limit is to divide the Terms of Payment (TOP) in to different intervals

I will give you an example of that

As you know you mantain TOP in the customer master data

Suppose for the same customer you want the baseline date will be different in different time interval of the month

1) Invoices which are raised in the first 15 days of the month you want to have the baseline date as 15th of the next month

2) Invoices which are generated in the last 15 days of the month for the same customer you want the baseline date should be the 30th of the next month

So in this way you can have different baseline dates for a customer for the same TOP

Regards

Pratiksha

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