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Dynamics 365 Community / Forums / Microsoft Dynamics GP (Archived) / Payment Terms Setup
Microsoft Dynamics GP (Archived)

Payment Terms Setup

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Posted on by sandipdjadhav 18,265

Hello,

I have done following setup for Vendor Payment Term setup. 

When Invoice Date is  05/01/2014 . It give Due Date is 06/25/2014 and Discount Date : 05/10/2014 ( It should be 06/10/2015) .

Discount Date should be 06/10/2014. Did I missed something?

Your earliest reply is highly appreciable.

Thanks

Sandip

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  • Frank Hamelly | MVP, MCP, CSA Profile Picture
    Frank Hamelly | MVP... 4,029 Super User 2024 Season 2 on at
    RE: Payment Terms Setup

    I agree with Soma - a customization is required to accommodate this Sandip.  You need a little piece of code that sets the Discount Date = the Due Date minus 15 days, I think.

  • Suggested answer
    soma Profile Picture
    soma 24,406 on at
    RE: Payment Terms Setup

    I think you can achieve your requirement by creating a customization.

    How the user are creating the invoices in GP? Manual or any other way?

  • sandipdjadhav Profile Picture
    sandipdjadhav 18,265 on at
    RE: Payment Terms Setup

    Frank,

    Appreciate for your response. So how can I do setup I have mentioned? In Discount need option for 'Next Month'. We are trying to match with Vendors SAP Accounting System with us.

    Thanks

    sandip

  • Suggested answer
    Frank Hamelly | MVP, MCP, CSA Profile Picture
    Frank Hamelly | MVP... 4,029 Super User 2024 Season 2 on at
    RE: Payment Terms Setup

    Sandip, the Discount you're trying to setup won't work as the Discount is calculated based on the Invoice Date, not the Due Date.

  • sandipdjadhav Profile Picture
    sandipdjadhav 18,265 on at
    RE: Payment Terms Setup

    Soma,

    Don't have option for 'Next Month'. Only following options are available.

    1) Days

    2) Date

    3) EOM

    4) NONE

    Thanks

  • Suggested answer
    soma Profile Picture
    soma 24,406 on at
    RE: Payment Terms Setup

    Change Discount to Next Month.

    Hope this helps!!!

  • sandipdjadhav Profile Picture
    sandipdjadhav 18,265 on at
    RE: Payment Terms Setup

    Sorry it should be 06/10/2014.

    Thanks

    Sandip

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