Re: Due Dates on Invoices

["Devin Bowen" <devinbowen@xxxxxxxxxxx>]

do you have orders going on hold or are you basing your comments on a standard BPCS againg?  BPCS invoices are considered past terms (payment late) the day after the terms date.  you have the option of AGING invoices from the due date or invoice date (SYS800 - Parameters Generation), but the invoice payment is "late" based on the terms days.  BPCS credit checking logic (see RCM - Customer Master) can utilize an additional number of "grace days" (by customer) before new orders for the customer with a past-due invoice go on credit hold, but the invoices are still technically past due if they are unpaid longer than the terms days.  do you have orders going on hold or are you basing your comments on a standard BPCS againg?

 

Devin

----- Original Message -----

From: dbaird@nmtgroup.com

Sent: Friday, February 02, 2001 8:09 AM

To: BPCS-L@midrange.com

Subject: Due Dates on Invoices

We are using BPCS v6.1 full client/server  on  AS/400 v4r3m0.

A question on the invoice due dates within Order Processing.

When entering the settlement terms for customers, we had assumed that 30 days
meant that the customer had 30 days to settle the account.

We now discover this means that after 30 days of issue of invoice, the customer
has 30 more days for settlement. Is there a way of changing this 30 days grace
to e.g. 15 days?




+---
| This is the BPCS Users Mailing List!
| To submit a new message, send your mail to BPCS-L@midrange.com.
| To subscribe to this list send email to BPCS-L-SUB@midrange.com.
| To unsubscribe from this list send email to BPCS-L-UNSUB@midrange.com.
| Questions should be directed to the list owner: dasmussen@aol.com
+---

---

Get your FREE download of MSN Explorer at http://explorer.msn.com