web
You’re offline. This is a read only version of the page.
close
Skip to main content
Community site session details

Community site session details

Session Id :
Dynamics 365 Community / Forums / Microsoft Dynamics GP (Archived) / 1% 10th Prox, Net 25th...
Microsoft Dynamics GP (Archived)

1% 10th Prox, Net 25th Prox setup

(0) ShareShare
ReportReport
Posted on by sandipdjadhav 18,306

Hello, Need help on Prox Term setup.

Current Setup as Below:

Due:  Net Days =25

Discount:   Days =10

Discount Type: Percent =1.00%

Is it going to work? If I understand if Invoice Date is 04/01/2014 Then discount date is 05/10 & Due date is 05/25/2014.

What will happen if Invoice date is on : 04/26/2014 ?

Your earliest reply is highly appreciable.

Thanks

Sandip

*This post is locked for comments

I have the same question (0)
  • L Vail Profile Picture
    L Vail 65,271 on at
    RE: 1% 10th Prox, Net 25th Prox setup

    Hi Sandip,

    I must be missing something, but would this yield the following:

    Invoice Date: 04/01/2014

    Due Date: 04/26/2014

    Disc Date: 04/11/2014

    For 10th Prox, I think you would need to use 'Date' instead of 'Net Days'

    If you set the date at 25, then your invoice dated 04/01 would be due on 04/25.

    Your discount date is 10 days from the invoice date, so it should be 04/11

    For your 2nd scenario:

    Invoice Date 04/26

    Due 05/25

    Discount 05/6

    You can manipulate these dates using grace periods.

    Kind regards,

    Leslie

  • sandipdjadhav Profile Picture
    sandipdjadhav 18,306 on at
    RE: 1% 10th Prox, Net 25th Prox setup

    Thanks Ma'am,

    Appreciate.

    Sandip

  • L Vail Profile Picture
    L Vail 65,271 on at
    RE: 1% 10th Prox, Net 25th Prox setup

    Hi Sandip,

    Are you good now? Did this help answer your question?

    Leslie

Under review

Thank you for your reply! To ensure a great experience for everyone, your content is awaiting approval by our Community Managers. Please check back later.

Helpful resources

News and Announcements

Join experts in person to explore low code and AI agents at the Power Platform Community Conference sponsored by Microsoft

Quick Links

Responsible AI policies

As AI tools become more common, we’re introducing a Responsible AI Use…

Abhilash Warrier – Community Spotlight

We are honored to recognize Abhilash Warrier as our Community Spotlight honoree for…

Congratulations to the September Top 10 Community Leaders!

These are the community rock stars!

Leaderboard > 🔒一 Microsoft Dynamics GP (Archived)

Last 30 days Overall leaderboard

Featured topics

Product updates

Dynamics 365 release plans