SS10: Payment Terms (Allow Due Date To Go Below The Effective Date)

Previously, all due dates that are generated by the Payment Terms that are lower than the last effective date are automatically moved to that last effective date (or by another option, next year). This update allows you to optionally turn on or off that feature.

Added The Following:

  • General (Tab Page)
    • Move The Due Dates To The Last High Due Date When It Is Below Or Lower Than The Last Effective Date? (Check/Uncheck)

Example:

GL00010: Reclass Terms (Added TSG and For Document Date #)

TSG or Terms Sequence Group:

Allows the Reclass Terms to maintain totals based on SS29: Terms Sequence Group.

For Document Date:

Previously, only one (1) document date is allowed as the basis for re-class date. In this update, you are allowed up to 5 document dates to serve as the basis for re-class date computations. This option is only available if the program using the re-class terms allows for it.

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

Added The Following:

  • Reclass Structure (Tab Page)
    • (Optional) TSG
    • For Document Date
      • Options:
        • All Dates In Sequence, Number 1, Number 2, Number 3, Number 4, Number 5

Example:

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: