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Dynamics GP payment terms: Due Date Same as or Before the Discount Date

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Question:

The due date of one of my invoices is not correct. What could be causing this?

Answer:

On an invoice, the Due Date can not fall on or before the Discount Date. If it does, the Due Date will be recalculated.

Example:

Document date: 4/1/2012

Payment Terms: 2% 30/Net 1st

In this example, the Due Date and the Discount Date will both fall on 5/1/2012. When this happens, Dynamics will set the discount date = 5/1/2012 and push the Due date ahead to 6/1/2012.

This only occurs with months having 30 days or less.

One workaround is to manually edit the Due Date in the Payment Terms expansion window when entering in the invoice.  Another option is to set up two different payment terms to utilize. 


 

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MORE INFORMATION

Click to see enhancements made to payment terms in Dyanmics GP 2015:

Enhanced payment terms for Microsoft Dynamics GP 2015

 

 

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Keywords: kb, kbmbsmigrate, kbmbspartner, gp

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Article Info
Article ID : 854914
Revision : 3
Created on : 5/10/2018
Published on : 5/10/2018
Exists online : False
Views : 74