How to set up multiple payment terms in Sales / Accounts Receivable

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Posted on by Konrad U

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Hopefully this is simple to answer since it is basic but not obvious. We have customers that are defined as Net 30 term but also have a 2% discount if paid within 20 days term.

AX 2012 R3 is adding the 20 and 30 together to set the term at 50 days.

Any help with a resolution would be very appreciated.

Thanks

Konrad

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Satish Panwar 14,671 Moderator on at

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Hi Konrad,

Please try to setup per below, screenshot are from D365 but still valid for AX2012.

Invoice posted for $50..It calculated the discount appropriately.

Thanks,
Satish Panwar
Please take time to click 'Yes' against the answers that help you guide in right direction to help other community members.

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Ludwig Reinhard Microsoft Employee on at

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Hello Konrad,

Can you share screen-prints of the payment and discount terms that you referred to?

Many thanks and best regards,

Ludwig

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Konrad U 804 on at

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The first is the definition on the customer, the second snip is the payment term definition. Again the issue is the two 20 and 30 days added together.

The desired behavior is to have it 2% discount within 20, net 30 due.

Thanks

Konrad U

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Ludwig Reinhard Microsoft Employee on at

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Hello Konrad U,

In your customer record there is no cash discount value setup. The field is blank.

Can you setup a cash discount term 2% for 20 days enter select it in the customer payment defaults form?

That is because AX differentiates between payment terms and cash discount terms and the latter is missing in your case.

Best regards,

Ludwig

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Konrad U 804 on at

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That is done on purpose. All sales do not qualify for the cash discount so it is set at the time of the order. It appears that the problem revolves around the three separate entries.

1. The drop down for terms generally Net30

2. The drop down for discounts for this customer if equipment 2%Net20

3. The fields for days "payment terms base days"

Does this mean that the base days are ADDED to the Net terms of NET 30?

To restate our problem it is making the due date 50 days out adding the 30 from NET 30 to the 20 above.

Thanks

Konrad

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