RE: Prox Terms

["Michael Franchino" <Michael.Franchino@xxxxxxxxxx>]

Marc,
 
What results are you getting.. The documentation states that what you did 
should provide the results that you are looking for.. What exactly is MAPICS 
returning as a date?
 
 

        -----Original Message----- 
        From: mapics-l-bounces@xxxxxxxxxxxx on behalf of 
Marc.Rohde@xxxxxxxxxxxxxxxxx 
        Sent: Mon 11/17/2003 5:01 PM 
        To: mapics-l@xxxxxxxxxxxx 
        Cc: 
        Subject: Prox Terms
        
        

        I am having problems getting Prox terms entered into Mapics to provide 
        accurate due dates.  I am trying to enter "2% 10th Prox" which means 
that 
        the invoice will be due on the 10th of the next month until the cut off 
of 
        the month, which is the 25th. 

        This means if I invoice on 11/11/2003 the payment is due 12/10/2003. 
        If I invoice 11/26/2003 (after the 25th cut-off) the payment would be 
due 
        1/10/2004 
        and invoices up to 12/25/2003 should be due 1/10/2004 

        I have spoken with Mapics and went round-and-round on this so I am 
        throwing this issue out to the list for help. 

        At this point I have the terms set to: 

        Day Due:  10 
        Month End Cutoff: 25 
        Net Due: 25 

        I have "messed with" the net due to make the calculation work but 
cannot 
        get this thing to calculate properly. 

        Your help is appreciated, 
        Marc Rohde 
        IT Manager 
        Pentair Water Treatment\Plymouth Products, Inc. 
        Work: 920-451-9421 
        Cell: 920-698-2008 
        Fax: 920-803-3540 
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