Hi,
I am a beginner user of Dynamics AX 2012. I want to set up "Terms of payment" for a customer as the following:
- the customer pays all invoices every two months. For example, invoices between 1/1/2018 - 28/2/2018 are due on 1/3/2018.
- the customer pays for invoices issued within 15 days after 30 days. For example, invoices issued between 1//1/2018 and 15/1/2018 are due in 15/2/2018.
Is there a way to do the above?
Many thanks
Hussain Alslais
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Cut off days I think is in the standard USA build
https://technet.microsoft.com/en-us/library/jj677442.aspx
Its the additional month field that may need a localisation option enabled
https://community.dynamics.com/ax/f/33/t/270954 your post
It's something I am used to from other erp systems and foudn it long ago on technet.
Hello magic1949,
Is the cutoff day a generally available feature for all countries?
Best regards,
Ludwig
The due date is calculated based on the invoice date and the terms of payment that are specified for a purchase order or sales order. When you have not specified terms of payment for an order, then the due date is calculated based on the invoice date and the terms of payment that are assigned to the vendor or customer.
If you are using a payment calendar, and the due date that is calculated is on a non-business day, then the due date is moved to the nearest business day. The date is moved either forward or backward, depending on the selection in the Due date update field.
If you use current month then the due date is last day of the month -maybe close enough. Also specify Next business day – which means for a non working cday claulated date use the first business day after the calculated date.
For the second case specify a Cut off day of e.g. 15 and an Addtional month of 1 (select Cutoff day in the Payment method field).
For more info see Techsource or Docs.
Also see this note for a useful wrinkle related to months less than 31 days.
I don't know a standard setup that you set those due dates.
Guess you might need some modification implemented or change your terms of payment.
Best regards,
Ludwig
Hi,
Thanks for your reply.
each line is a different term of payment.
examples for the first term :
invoices from 1/1 to 28/2 are due on 1/3
invoices from 1/3 to 30/4 are due on 1/5
invoices from 1/5 to 30/6 are due on 1/7
...
examples for the second term :
invoices from 1/1 to 15/1 are due on 15/2
invoices from 16/1 to 31/1 are due on 1/3
invoices from 1/2 to 15/2 are due on 15/3
...
yes you were right about the first point.
Hello Hussain Alslais,
Don't the dates conflict with each other?
What I understand is that invoices with an invoice date from 01 January to 28 February are due 01 March, right?
What about the second line where you mention that invoices with an invoice date from 01 Jan to 15 Jan are due on 15 February?
Can you explain the difference here?
Best regards,
Ludwig
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