SS10: Payment Terms (Added For Effective Date #)

Previously, only one (1) effective date is allowed as the basis for Due Date and Discount Date computations. In this update, you are allowed up to 5 effective dates to serve as the basis for due date and discount date computations. This option is only available if the program using the payment terms allows for it. (Example: AA00013A: Supplier Miscellaneous Invoice features 5 effective dates).

Note: When a match cannot be made, the lowest “For Effective Date” number will be the basis of computation.

Added The Following:

  • Payment Structure (Tab Page)
    • For Effective Date
      • Options:
        • All Dates In Sequence, Number 1, Number 2, Number 3, Number 4, Number 5

Example:

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